How hard would it be to get this leverage?

D

dunitlongpole

How hard would it be to get 400:1 leverage on a $1,000,000 trade?

I know it is incredibly stupid to use that much leverage, so please, no lectures. I just told a friend it could be done, and he doesn't believe me...

Thanks
 
Quote from dunitlongpole:

How hard would it be to get 400:1 leverage on a $1,000,000 trade?

I know it is incredibly stupid to use that much leverage, so please, no lectures. I just told a friend it could be done, and he doesn't believe me...

Thanks
More...

It could, can and has been done.
 
Quote from dunitlongpole:

How hard would it be to get 400:1 leverage on a $1,000,000 trade?

I know it is incredibly stupid to use that much leverage, so please, no lectures. I just told a friend it could be done, and he doesn't believe me...

Thanks
More...

Do you mean 1:400 on a deposit of 1 mio, or just 1:400 on a 1 mio trade (so for example 10 lots USD/JPY).

Both is possible, but last is easy.
 
Quote from Brandonf:

It could, can and has been done.
More...

Care to elaborate? As in dealer name.

I say, no chance in hell, in a single transaction. Only some forex market makers offer 400:1... and a couple lovely Swiss gems 500:1. No MM I know of allows trade size more than 10, 20 Mio, tops.

Some ECNs offer liquidity in some pairs a lot more than that... but good luck getting anything above 100:1, at best.
 
Quote from sim03:

Care to elaborate? As in dealer name.

I say, no chance in hell, in a single transaction. Only some forex market makers offer 400:1... and a couple lovely Swiss gems 500:1. No MM I know of allows trade size more than 10, 20 Mio, tops.

Some ECNs offer liquidity in some pairs a lot more than that... but good luck getting anything above 100:1, at best.
More...

I'm assuming he means 400:1 on margin of 1 mil, which would make for a 400 mil position.

Not happening. I'm sure you can get 400:1 on margin of 500 dollars, but 400:1 on 1 mil is unheard of.
 
no retail market maker would be able to give you 400:1 on one trade of a million, which would mean opening a 400 million position,,, the most I have heard of at a broker, even through a phone is 60 million, and that's at 100:1,,, not sure about ECN's though.
 
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