Large Forex Accounts

[tropiciel]

globex futures?
never heard of

what is it... where is it... and
is it as volatile as forex?
can I play in both directions?
is it as flexible... as spot trading?

 

[StockKJay]

Quote from tropiciel:

then why don't you just open smaller positions?

if they give you 50:1 (for example) and you use 20:1
with your deposit 1mln - you just open 20mln istead of the ->theoretical<- 50mln position

if you want 10:1 ... just open 10mln... istead of 20mln and so on...

I am just saying, I wouldn't discriminate against a broker for offering 20/1, 10/1.

As for using less money and open same size position with leverage. I have heard that some brokers will charge you higher interest for the extra leverage. I don't know if this is fact though. I know equities brokers do this, that is why I typically will trade with a cash account instead of a margin account.