CySEC Regulated Forex Brokers with the Highest Leverage
Forex brokers in Cyprus are regulated by the well-known Cyprus Securities and Exchange Commission (CySEC). However, since a new regulation (which is ESMA or European Securities and Markets Commission) is introduced, there are no high leverage forex brokers left in Cyprus.
According to the ESMA rules, forex brokers can offer a maximum leverage of 1:30 on major forex pairs to clients categorized as “non-professional” traders. This restriction is aimed to check the broker’s requirements for being a “professional,” but this usually requires a trading account of significant size. Nevertheless, some CySEC regulated brokers who are registered under other offshore jurisdictions can still offer the flexibility of trading with high leverage.
1: 500
Location:
Min. Deposit: $100
Leverage: 1: 1000
1: 500
Location:
Min. Deposit: $200
Leverage: 1: 1000
1: 500
Location:
Min. Deposit: $200
Leverage: 1: 1000
1: 500
Location:
Min. Deposit: $100
Leverage: 1: 1000
Additional FAQ
What is the responsibilities of CySEC?
CySEC (Cyprus Securities and Exchange Commission) is an independent public supervisory authority responsible for the following:
- overseeing the investment services market, transferable securities transactions, and the collective investment and asset management sector
- regulates firms that provide administrative services
- market surveillance and investigations
Continue Reading at 6 Best Forex Broker Regulators in the World
Why don't professionals use high leverage?
Most professional traders don't use much leverage in their trades because with their account balance, they can already size their positions without having to use a stop loss.
Continue Reading at Do Professional Traders Use Stop Loss?
Should scalpers use high leverage?
Yes, they may need to. Scalpers often feel dissatisfied with the profit they got as they collect only small profits. They think it is not worth all the efforts they make. To overcome this, a scalper can use leverage for their advantage. The higher their leverage, the lower their margins need to be. It means they can use the bigger lot sizes to increase their profit targets.
However, many experienced scalpers recommend beginners to use small leverage in the first three months of trading until they find a suitable and tested trading method.
Continue Reading at The Secrets of Successful Scalping Strategy
How much leverage is categorized as too high?
When a market maker offers a leverage of up to thousands and even reaches 1:2000, instead of helping you, it may plunge your trading account to a very quick loss.
Continue Reading at Forex Broker Cheats and How to Anticipate Them
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