Yes, my comment also includes the newbie case.
The maximum risk you can have with trading forex is you will blow out your account with just a single trade.
But what is the biggest account a newbie trader would have? $500 or $1000? That's the maximum he can lose if he does something stupid...
The new restriction of leverage is total BS. It's not for protecting the traders but the brokers.
For traders, higher leverage is always better because, for example, you can just deposit $1k to your trading account with 500:1 leverage instead of $10k for 50:1 to have the same size of lots open...
Hi. I think the problem here is that what Tickmill showed was the spot price, not future price. In normal market conditions, the two prices can be similar. But in extreme conditions, the two prices can be hugely different. And I believe Tickmill is not a futures broker.
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