What can you do with 100$ no deposit bonus? My ordinary stop reduction is 100 pips.Originally Posted by ;
What can you do with 100$ no deposit bonus? My ordinary stop reduction is 100 pips.Originally Posted by ;
Their enabled leverage is 1:100 maximum, I utilize 1:50, their 100 bucks is enough to get a smooth safe trading so you are able to check the platform completely and safely without wiping your deposit at 2-3 awful transactions. I find them very fair in bonus states I used to trade using 30$ no deposit bonus from Tickmill with 5 lots, here you have 20 lots to complete for 100$Originally Posted by ;
I think nobody offer you free money so do brokers. They employ harder TC to get them withdrawable but nothing is hopeless.Originally Posted by ;
However, only goal of a retail trader should be testing the platform and trading environment (for instance, spread at regular time, execution speed, spread during news and weekend) with these kinda bonus. My stop losses are wider 150-200 pips, I do not think it depends on your equilibrium but trading method.
Morning,Originally Posted by ;
From what I understand, Cysec and also the Fca created new regulations regarding bonuses. They are forbidding them of any kind.
I think that's still a proposition and they are forcing the brokers to prevent all kinds bonus. They proposed to cap the leverage 1:25 for newbie (6-12 months of experience), remaining 1:50 . In case of my broker Hanseatic they acknowledged the harm of leverage so now offer you no longer than 1:100 and its a fantastic move since brokers may rout to other offshores to keep offering high risk game for those newbies. I've seen brokers with 1:2000 loony leverage!Originally Posted by ;
But I believe new proposition could impact retails traders using smaller finance. 1:100 would be preferable as well as they can ban bonuses on deposit. But a smaller finance to inspect the live trading environment ought to be helpful to look at the rate, spared and exchange rates. They shouldn't ban that.
Here is more information http://www.financemagnates.com/forex...-leverage-cap/
Morning Bd,Originally Posted by ;
Thank you for the info, it was a good read.
Yeah high leverage isn't suitable for everybody (I would say for majority of traders). I believe regulators need to make a sort of a test for traders so they can provide their proficiency in trading using leverage. They have to take account of the needs of traders since we need to get a right for personal choiceOriginally Posted by ;
The same as leverage is simply great for people who can manage it. I love the egy of hanseatic as they step forward to cap the leverage in a sensible figure.Originally Posted by ;
Professional traders do not utilize much leverage because they have larger fund but because of its retail traders that has smaller fund like $500-$1000 really need 1:100 to able to trade. I concur leverage ought to be personal choice as opposed to forced by regulators. Regulators should focus on finding bad brokers.
Hello,
The brokers will need to provide leverage in line with this trader's expertise. If I'm not mistaking this could be seen from the questionnaire you fill in if you start a account. The broker I'm trading with made me redo mine this January when the regulation were put in use.