Hi everyone. It had been long time since I have visited this forum. Feels nice to be back.
Alright. Back to the subject. I stumbled upon the Broker called . What I enjoyed about it is that this particular broker is not that far from me, I suggest their servers. Which is crucial to me because I am planning trading the news. So something like execution time is vital for effective trading.
Anyway, there seems to be 2 brokers. First being not technically a broker but a bank. I believe that it's called Bank SA. And another is real broker called Europe. Now I contacted the supprot and asked what is the difference between these 2. The only real difference I know is that Bank SA requires minimal $5000 beginning deposit and maximum leverage is 200:1 where Europe offers considerably smaller beginning deposit at $100 and maximum leverage is 300:1.
Today, the customer support lady said this is the only difference between these. I then asked why would anyone pick DUkascopy Bank SA with $5000 staring deposit and 200:1 maximum leverage when it does not offer anything else compared to Europe with considerably smaller beginning deposit and even bigger leverage. She said it's up to the client. WHich does not make any sense.
So, I am calling people that are knowledgeable about . Is there actually no difference between these? I had been told that Europe is subsidiary company of Bank SA. Basically daughter business. But since I contacted EU, possibly they did not want to tell me the entire story and potential added features of Bank SA because they'd lose more customers?
Thanks for any input.