No it's not, please educate yourself. You're still under the ASIC license, you're just treated as a sophisticated investor or wholesaler so you lose negative balance protection (for retail only) and gain more leverage. You're NOT on an offshore ...

Looking for FX broker with 500:1 leverage

Happening to lots of people regulated under ASIC. Options are to go "pro" but you lose negative balance protection, but get more leverage. or To ask or move to be regulated under a different securities commission

Axi Trader ending hedging

Binance will be a way better platform than anything in the CFD space. They have zero fee BTC trading and close to zero spreads. Just have a look at the swap rates on FX brokers, they're wild. Terrible spreads too. However the reverse also happens. ...

Which broker should I use to trade BTC?

Mate, what are you reading? url

Global Prime

Become a pro client - 30:1 is for ASIC retail, ASIC Pro get 500:1. You're safer doing this than using a dodgy offshore broker. Most tests are easy enough. I'm a pro on 8Cap, Fusion, Pepper and IC. If you can't pass the pro tests, then you shouldn't ...

Looking for FX broker with 500:1 leverage

1/2. I didn't when I started, made some big wins, felt like a genius. The other shoe dropped, blew up my account like a chump. As I became a more experienced trader I tended to use SL more until now where I always use a stop loss. It's about capital ...

Do you use stoploss?

100% agree with this. This is the basis of the famous Buffett $1M bet, where he bet Protege Partners that he could outperform them by simply investing in any S&P500 fund. Long story short, Buffett won

Stock market strategies that work?

Just check out the "brokers" tab here and sort by spreads on GBPUSD or smth (as most brokers have great EURUSD spreads). It has most major, reputable brokers and info like platforms, min deposit, license, leverage etc.

Lowest spreads without comission, which broker?

I think most brokers will boot you if they catch you. Especially latency trading. I've tried in the past.

Brokers/accounts suitable for arbitrage trading

Tbf, a strategy doesn't need to be complicated to work. I've known traders that have quite successful with pretty simple strategies

Trading Without Charts

That sounds interesting, where do you see that info? Would this be in the daily statement?

Which brokers for New Zealand residents?

What is false about what I said?

1% to 3% Per Day? All things are Possible

With 1000 making 1% a day, you're a multi-millionaire in 5 years. With 30k initially, you're a millionaire in one and billionaire in 5 years. (Compounding, and if you're making 1% daily, why wouldn't you compound?!) But yeah, making 1%/day ...

1% to 3% Per Day? All things are Possible

I'm very surprised by all the people in this thread saying how possible it is to get 1% a day. I just assume everyone in here must be billionaires or liars. Please excuse my bluntness.

1% to 3% Per Day? All things are Possible

Oh definitely! And thanks for the response. I was mainly confused by why trading wise the pair reversed rather than what it means overall. I spoke to a few other traders and they told me, it's generally because the expected something even more ...

AUD/USD

This is more a fundamentals question, but can anyone explain why rate rises above expectations are causing opposite moves in the markets? E.g. RBA shocks everyone raises rates by 75 bps - AUD tanks Fed raises rates 75bps also shocking some - USD ...

AUD/USD

I would definitely reach out to your broker, I would imagine it's something on their end (especially as you mentioned when you switch from the demo acct it's fine)

MT5 Help - No Buy, Sell, New Order options

bumping this thread, as I'm still a junior member. Anyone have any recommendations for FX and CFD broker with best gold spreads and commissions?

Best Broker?

I just mentioned it, because 8 is lucky in China (I'm pretty sure), and it's just an odd leverage number. I agree they're probs not located in China, but I assume trying to appeal to that market

High leverage / low spread brokers?

888? Is XM a chinese broker?

High leverage / low spread brokers?