Wanted: Reliable Broker Offering 400:1 Leverage

PistolDave · (#1 (**permalink**))

Hi,

Can anyone, Felix, Mods, or other members recommend a reasonably trustworthy broker that offers 400:1 leverage on a mini account - and - uses MT4 as the trading platform?

I have checked out FXCM but they seem to have a large number of bad reports here. They offer a micro account that qualifies.

Does anyone have experience with any other ones?

Even if you know of one, but have not opened an account then let me know about them and I will check it out.

Thank you,
PD

Sergei · (#2 (**permalink**))

May I ask why you need 400:1 leverage?

Pharaoh · (#3 (**permalink**))

I'll second that motion. My broker lets me do 200:1 but I've NEVER come anywhere near that. Unless you are playing some very high stakes scalping games (where you expect to blow accounts a certain percentage of the time), what possible reason would there be for selecting an account with extreme leverage?