Legit, safe high leverage brokers

For me, a lot of times the broker who claims on providing high leverage turned out to be scam. However, it is possible that there are reliable brokers with high leverage. It's just my personal experience or maybe I didn't do enough research before trying them. Please don't quote me on this :)

Currently I am dealing with FXTM, Coinexx, IC Markets and and I am quite satisfied by the leverage I am getting. I believe that the high leverage could mean two things- scam or high level of risk; and I am not looking forward to any of it. The most apt leverage is between 1:100 and 1:200 and that’s what I am getting with above brokers.
 
I would suggest beginners to trade with lower leverage to minimize risk and to develope most skills and knowledge on the live account.

To more the capital invested the higher risk and confidence level will also fall.
 
many brokers that have existed on the market for a long time and have many clients in principle and have a legal status
 
Jenzien said:
I would suggest beginners to trade with lower leverage to minimize risk and to develope most skills and knowledge on the live account.

To more the capital invested the higher risk and confidence level will also fall.
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Agreed! Beginners, instead of only high leverage, should also focus on more important factors like regulations, withdrawals, etc. Fxpro, Fxview, PLus500 are some good options to check imo, which broker are you using?
 
Travis1088 said:
I currently trade with a legit broker FP Markets using they 500:1 leverage, It has been active for over 15 years, and it is regulated by ASIC.

Its been over four months trading with them and so far no issues have occurred, the spreads are tighter and stable even when there is high movement in the market.
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This is too easy, you do realize your audit trail is available for all to see LOL !
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I currently trade with a legit broker FP Markets using they 500:1 leverage, It has been active for over 15 years, and it is regulated by ASIC....
Post by: Travis1088, 7 minutes ago in forum: Forex Brokers
 
eastern_warrior said:
This is too easy, you do realize your audit trail is available for all to see LOL !
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The wording are all too similar and the fact that they do not reply to my post asking about their trading conditions, especially commission, is quite alarming
 
Jenzien said:
I would suggest beginners to trade with lower leverage to minimize risk and to develope most skills and knowledge on the live account.

To more the capital invested the higher risk and confidence level will also fall.
More...
I would actually agree with you. I believe the same. Leverage is like a double edged sword so we need to be really careful with how much we should use. For me, the lower the better.
 
Joeyadi said:
many brokers that have existed on the market for a long time and have many clients in principle and have a legal status
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I think they need to have a legal stance if they have been around for such a long time and have a decent client base.
 
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