Lastly, I read that the European regulators are requiring maximum leverage to be lowered significantly across a bunch of different asset classes - how do you guys deal w this? Put up a bigger deposit or just move to a different broker outside EU...feel like if it's move to a different broker I might as well avoid any of the European CFD firms and just go offshore immediately.
No big deal, with a 100 :1 leverage (long time Fx standard) the broker borrowed you 99% of trading funds, with a leverage of 30:1 you still get 97% (hope I got that right
Needless to say the higher the leverage, the faster one will learn about margin calls, unless you have some magic fortune crystal ball ?
Mean time cfd provider show number of their retail clients % performance, unfortunately still on loss side, Plus500 indicate 80.6 % of their clients lose, others show minus 82 %, 79% etc…(who knows what assets)
…best stick to highly regulated environment also consider a trip to Forex Military School