I want to trade my own money but looking for a futures firm/broker/prop/arcade that offers more leverage than the typical retail broker (ie... global, velocity, oec ...etc.).
Don't the brokers you mention already give pretty highly leveraged intraday margin requirements? 500 dollars for ES is 120X leverage, even buying stock you're only allowed 4X.
Quote from rokafella:
I want to trade my own money but looking for a futures firm/broker/prop/arcade that offers more leverage than the typical retail broker (ie... global, velocity, oec ...etc.).
Oh my apologies, names only huh? well, there's Global, Velocity, basically the ones you mention, I just told you these firms give you 120X leverage, and you want more, but then you say some firms give you 50X, go ahead, blow your account, its not my money
Quote from rokafella:
Well that doesn't help me does it? Firm names only. I don't want this thread to become a psychoanalysis of my question.
I hear some firms offer up to 50:1 but is this reserved only for prop traders?