Brokers with 1:3000

[francmorio]

I'm looking brokers that offer a leverages of up to 1:3000. so far, I have three brokers.

1. Fbs

2. fxglory

3: Justforex

Kindly, if you have a list of other brokers like this, you could help me out here

[davidblack]

I'm trading on Forex for several years and had many different brokers. I got an advice to try Amarkets from a friend and didn't regret. Good company with solid trading conditions. Especially I was pleasantly surprised with service and support, which is always on your side. 

[Gee Dee]

Among various factors that re extensively considered while selecting broker is leverage and traders require good leverage if he is a micro investor or he does not want to put much capital in this risky market. But 1:3000, leverage does not mean that the customers should borrow the whole amount 3000 from his trading platform since it can be significantly risky. I believe while trading in foex market, a trader should work with his own money but in any case if he requires money then he can use leverage.

[Namu]

As far I know, Justforex and FBS provide that leverage and I ever traded with 1:3000 before. But I know that higher leverage mean that risk will be higher too. High leverage will make us tempted to use big lot size. And now I didn't use that broker for trading. Not only because leverage which they provide but also I didn't feel comfortable with that broker.

[bearhugs]

I will not choose any broker just because of specific leverage section. Always think twice while choosing a broker, the first criteria must be to find the money security of your investment. If your money is not secure then how you are going to use the leverage.

[francmorio]

As far I know, Justforex and FBS provide that leverage and I ever traded with 1:3000 before. But I know that higher leverage mean that risk will be higher too. High leverage will make us tempted to use big lot size. And now I didn't use that broker for trading. Not only because leverage which they provide but also I didn't feel comfortable with that broker.

I only heard that Justforex and FBS offers such high leverage, personally I have never used them at all. All I know is that, High leverage is very good but only if you have a good strategy, if you don't know, them its better to stay at low leverages

[pipdmt]

On 2/7/2018 at 6:58 PM, francmorio said:

I'm looking brokers that offer a leverages of up to 1:3000. so far, I have three brokers.

1. Fbs

2. fxglory

3: Justforex

Kindly, if you have a list of other brokers like this, you could help me out here

I think freshforex should also be included in this list, freshforex is giving a leverage of 1:2000!

[moneyrig]

A high leverage like that is not healthy for any trader. Make sure you have a reasonable amount of money to start Forex. Leverage will eat you up if you lose many trades.

[Michael Butcher]

I can advice you to visit the site Finarm. It contains a list of trusted brokers where you can see the leverage and a lot of other components.

[Bloodfont]

A broker with such a leverage is a real need to look.

[Vaabum]

Is it worth it to work with such a leverage now? This is a big risk.

[FXOpen Trader]

On 5/21/2022 at 12:59 AM, Vaabum said:

Is it worth it to work with such a leverage now? This is a big risk.

With the use of the Lower leverages the risks present into our trading accounts will start coming down.

[Vaabum]

I think that sometimes it can be unreasonably risky. But I wouldn't take too much risk.