Any brokers offering high leverage accounts to US citizens? - Page 2
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Thread: Any brokers offering high leverage accounts to US citizens?

  1. #11
    Quote Originally Posted by ;
    Davidee is largely right here. The very best thing to do would be to establish residency beyond the USA (fairly easy to do actually), then you need to be fine when opening accounts. Many brokers who originally baulked at the idea of USA being able to control their affairs finally folded....not so much that the USA came after them, but CFTC scared them into not accepting USA resident retail customers. Wasn't worth the attention or headache. Similar thing happened in the gaming community, but the largest casinos (plus they set some real...
    How can one readily establish residentcy outside the USA?

  2. #12
    Quote Originally Posted by ;
    Does anyone know if there's a broker who gives 1:400 or 1:500 leverage account and accepts U.S citizens??????
    400 and 500 aren't high leverage hope you understand that more higher ones exist in Forex

  3. #13
    Quote Originally Posted by ;
    How can you readily establish residentcy away from the USA?
    By taking a trip outside the USA. Well, thats the very legitimate means to do it anyway . To open an account in most brokerages, you will need a gov't issued local id with photo along with a bank statement or any utility bill or other evidence of residence. And you also send them through scanned pdf or picture file attachment. You may have to receive them notorized or certified to be authentic documents. Apparently, you'd need to select places that are friendly towards people. Mexico are a great place to begin; its right next door. Columbia, Thailand, Malaysia....the sky is your limit. Places such as Iran or perhaps Canada should be averted; you don't want to maintain a place that's as strict or more strict than where you're leaving.

    The vital thing is to avoid getting scammed by people trying to market accounts or offshore providers. This is best accomplished by being on the floor (from the desirable country) with other expats, backpackers, etc and receive thoughts and create direct observations. It might just cost you a plane ticket, visa (if applicable) along with a bit for food and lodging. But if you're serious enough about your trading company, it's worth the trip.

    PM are more appropriate for particulars, but that is more than enough to begin.
    Quote Originally Posted by ;
    400 and 500 aren't large leverage expect you know that more higher ones exist in Forex
    which brokers? I only know of 1: instaforex along with the 1:1000 leverage is up to $1000. . .afterwards it's 1:600. The majority of other brokers 1:500 is max.

    Ironically, CME futures EuroDollar contract (maybe not EuroFX) has leverage between 1:1250 and 1:2500....and this may DOUBLE for brokers who offer 50% or greater day trading margins; many discount futures brokers offer this.

  4. #14
    ...that I want the list of brokers you speak of. Thank you!!


    Quote Originally Posted by ;
    There are ways around this of course.

    New brokers are sprouting up across the caribbean that aren't giving into harassment in the CFTC minions. They are simply thugs. Anyway I would not need to make it simpler for the thugs by submitting the broker names , but will PM those.

  5. #15
    Quote Originally Posted by ;
    which brokers? I only know of 1: instaforex and the 1:1000 leverage is left up to $1000. . .afterwards it's 1:600. Most brokers 1:500 is maximum.

    Ironically, CME futures EuroDollar contract (not EuroFX) has leverage between 1:1250 and 1:2500....and this may DOUBLE for brokers who provide 50 percent or greater day trading margins; most discount futures brokers offer this.
    Exness offers 1:2000, which I think isn't only irresponsible and reckless, but completely evident of a broker with no regard for the fiscal well-being or achievement of their clientele.

    (Don't think exness opens US accounts because it relates to the thread's topic.)

    Also, EuroDollar futures at the CME are an interest rate , not a currency contract. So that the leverage there isn't very comparable. They adjust required margins all the time based on volatility and risk, and the exact same consideration that goes into other contracts with greater required margins (says something about the underlying and how it trades.)

  6. #16
    Quote Originally Posted by ;
    Exness provides 1:2000, which I think isn't only irresponsible and reckless, but totally clear of a broker with no regard for the fiscal well-being or success of their clientele.

    (Do not think exness opens US accounts because it relates to this thread's subject.)

    Also, EuroDollar futures at the CME are an interest rate , not a currency contract. Hence the leverage there is not quite comparable. They adjust required margins all of the time based on volatility and risk, and the same consideration that goes into additional contracts with greater needed...
    It's money settled (no physical delivery), but it does not matter what kind of product we are speculating here.

    Futures has traditionally experienced huge amounts of gearing regularly exceeding 1:50 in the exchange level depending upon the product traded, in addition to the broker has total discretion on what added leverage they could provide their customers depending on how the broker assesses customer risk. Each of the customer had to do was sign'additional risk disclosures' and all was fine, no demand in the regulatory level to induce leverage restrictions. No analyses from any regulatory body or complaints in the trading area about insane leverage provided by futures brokerages.

    However, the CFTC did not leave this up to retail forex brokers or traders to pick for themselves. They lacked a single size fits all caps on all forex brokers at 50:1, despite widespread public outcry against this. But segregated accounts for forex traders that would provide accurate [legal] protection of customer funds? No time. But hey....50:1 leverage has made the USA retail forex community https://www.forexsoutheast.asia/fore...ts-broker.html.

    Thanks for the suggestion on exness, although on closer inspection, they restrict the leverage to 1:200 5 hours prior to the weekend close and on the weekend.

  7. #17
    EuroFX on CME currently requires $3300 for an overnight position a contract, approximately 38:1 and futures brokers are not permitted to supply lower margins than the trade minimum. Some supply lower margins intradayup to 250:1 tho.

  8. #18
    Quote Originally Posted by ;
    It's cash settled (no actual delivery), however, it doesn't matter what type of product we are speculating here.
    I did not say it was not. . I said it was an interest rate based future, not a currency future.

    You are not trading something derived from a currency value, you're trading the LIBOR tied interest rate yield on a three month time deposit. That's why you can get such high leverage in Eurodollar contracts, so it's a completely different product than the EuroFX contracts.

    Heck, the Eurodollar contracts are even denominated and settled in USD, so there isn't even currency risk involved.

    Quote Originally Posted by ;
    Futures has traditionally experienced huge amounts of gearing frequently exceeding 1:50 at the exchange level based on the product traded, plus the broker has complete discretion over what added leverage they could provide their customers based on the way in which the broker evaluates customer risk. All the customer had to do was sign'additional risk disclosures' and all was fine, no need at the regulatory level to force leverage restrictions. No analyses from any regulatory body or complaints in the trading community about insane leverage offered by futures...
    In the CME, and participants are playing by the very same rules.

    Position FX is OTC, and trading requirements vary between brokers since they deal with customers, again between liquidity providers and banks, and then again between different ECN networks linking them all.

    While I do not always fully agree with the CFTC/NFA regulations set up, I really do see the need for them.

    Quote Originally Posted by ;
    Thanks for the suggestion on exness, although on closer inspection, they limit the leverage to 1:200 5 hours ahead of the weekend near and over the weekend.
    It was not really a tip since I would not advise trading together. I do not usually recommend brokers controlled by CySEC, and I do not like their business practices (the leverage they market is one huge part of it)

  9. #19
    There's no good broker will provide us leverage more than 1:100, I can not imagine the is an adequate broker who gives us 1:1000 leverage, if he did then leverage is no a real leverage and our orders does not pass to the inter bank, all of the process is going to be a simulation and in case we made a high profit we will got nothing!

  10. #20
    Try finfx and see if they will accept you That the leverage is 200:1

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