Recent content by tacet

There are such traders ! - and they have already indebted the hole world ! :D also anything related to money is not fair in some degree...but it doesn't mean that you can't accumulate enough for yourself: all you need is luck and a bit of skills !

when you become one of them (milli/billinaire), I am sure, you'll shout about super-yourself in a nuclear-explosive way on every corner :D - but most of them prefer dark vaults of their dark mansions in unknown locations (islands?), quietly counting banknotes and coins ;)

well it's never happened before (bar a slightly different Alpari UK case). Usual numbers: 80% - no profit, 20% - profit (Pareto principle by the way). If, hypothetically, it happens in one broker then extra money will be borrowed from banks to cover the loss. Of course in reality it's all a bit...

in a nutshell, a successful trader gets profits from unsuccessful traders. Nothing wrong with it - this is a marketplace...

You are welcome! to discuss any practical aspects, well it's not that easy here on the open space... :)

I think you are a bit over worried. Every business could be in trouble and brokers are not exception (Alpari UK a good example). Reputable global brokers will not deliberately go out of business just to keep your $900K - they have tens of millions or hundreds of millions and profits which they...

if you can trade forex with a reputable broker - stay like that. Even if we take all scam away - binary options have one huge killing inferiority to forex - time restriction. Do you need that? - no. Stay in forex.

it will not go down to 1:1 as their model is to provide leveraged trading. Most brokers will simply not be allowed 1:1 as banks do or special exchanges like Oanda (not yet thou). Usually in a retail broker there are about 4 tiers for leverage, like Tier 1: Exposure < $1M = leverage 1:500, Tier...

it's not about brokers but citizens - they pay US tax even if they reside outside the US....

a related example: a HKD based pairs have reduced leverage across the field of retail fx brokers (like ICMarkets reduced it from max 1:500 to 1:50 or even to 1:5). Some even don't allow one to open a position (Oanda UK). It's all to protect them and us from a possible flash crash type volatility...

Well, it's not that easy to explain this matter on this site... basically any forex brokerage uses the so called dynamic leverage as a risk management tool for itself to not to go bust. F.e. if it gives you 1:500 and you have $50K it means your broker is risk exposed to $25M. And if there are...

No, it's because of difficulties with US taxation...

???

no I don't suggest that :)

Brokers use the so called Dynamic Leverage, read about it. Those leverages they state when one opens an account is the max you get when trading small lots.... They also have the maximum for traded lots per a pair, most gid retail brokers usually allow 50 Lots max... My advise instead of thinking...