Good FX platfroms

I wonder what you mean by 100:1 (maintenance)? I trade with them for 1 year and a half and still 50:1 max.

I believe 100:1 will make a huge difference to my profit. It should double my long/short power at the same margin; thus, the profit per pip will be double, and so will the overall profit.

I think it's a matter of perference to choose 50:1 or 100:1. If possible Oanda should just add 100:1 for pro traders, and then we all can choose the our way (not Oanda way) 50:1 or 100:1. :p
 
100:1 maintenance leverage refers to when you'd get a margin call, i.e., automatic position liquidation. See the bottom of this page, under "Margin Calls": http://fxtrade.oanda.com/fxtrade/margin_rules.shtml. It doesn't enable you to increase initial trade size beyond 50:1.

Doubling your leverage will double both the profit per pip and the loss per pip. Unless you've found a way to have losses which are, relative to wins, both 1) very few and 2) very small -- in other words, unless your expectancy is extraordinary -- your overall profit will not double and may, in fact, decrease. For instance, it would take an 11.1% gain to come back from a 10% loss, and so on. This is asymmetrical leverage.
 
Ah thanks apex for explanation anyway. :)

Oanda should just add an 100:1 option for traders who want it, as leverage can be changed in control panel.
 
I agree. Even with 50:1 leverage, Oanda is still the best platform. Having checked their API documation and design pattern, I can say their software engineers are super talented!
 
50:1 should be enough for everyone? unless they're doing some extreme stuff like grid/pool scalper strategies.

at 50:1 its:

$200 for a 10,000 units mini lot $1/pip
$2000 for a 100,000 units standard lot $10/pip

Setting a say 10 pip stop loss and 10 pip take profit:

A $1000 account can play for +$50/-$50 per trade.
A $10,000 account can play for +$500/-$500 per trade.

Not bad.
 
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