Leverage - Forex Broker Testimonials

I have been quite loyal to TriumphFX ever since I started trading. I think I was with them for about a year. At the time, TriumphFX seemed extraordinary and provided a smooth trading experience. But then I was thinking 'what am I doing? I should spread my wings and try more brokers out there, which becomes one of the biggest mistakes I have. I got scammed and had the worst experience. Now, I return to TriumphFX and decided that I will stay for a while. Overall, they haven't always been perfect. But they provide the best spreads and the best leverage for my trading needs. Sometimes they take a long time to reply to support tickets, and it's not always quick to move profits out through the banking or Crypto wallets. But that is okay, it's not a big deal.

Leverage's maximum TMGM can offer 1:500. for me, these are good deals for those with a minimum deposit of $100 and it can limit your order execution so you can avoid overtrading, which is good. Few brokers offer lower leverage, and why they only can give you little leverage because they are Australia-regulated brokers so this broker can be trusted. Meanwhile, I think if you want to start trading with a small deposit, you need to rethink using this broker as it is not user-friendly. But for me, this lever is very functional and useful!

Not a lot of leverage options at all. This only gives you 1:20 to 1:500 with a minimum deposit of $100 meanwhile the other can deposit $1. I admit that all their market tools are advancing and very modern. But again, because of leverage, I really had no choice, so I decided to stop trading there. It is not friendly for beginners. Meanwhile, other brokers can give me more leverage. Actually, I don't use high leverage, but with a high leverage option, I can make profits more often.

In fact, being a typical Australian broker, TMGM offers quite a high trading leverage depending on the instruments. Forex products can be traded using leverage up to 400:1, index and energy with 100:1, and precious metals with 400x leverage. I think this leverage is enough for traders and professional traders usually use less than 400:1 so I have no complaints about the leverage. And as a regulated broker, TMGM is regulated by New Zealand and Australian laws. So yes, it has limited leverage but I think it is enough leverage for us.

LEVERAGE IS TOO LOW! Up to only 500:1. How can I trade with my limited money meanwhile the other broker can provide more? And there are not many options to choose leverage there. Low leverage means you can't open positions frequently if you invest less money. TMGM must have known that leverage is essential and IMPORTANT, so if you want more users to use it, I think you should look into it to increase your leverage. On the other hand, other brokers gave leverage up to 5000:1! The only GOOD about TMGM is their customer service which seems very patient to handle me!

The leverage ratio is up to 500:1 but for only outside of NZ and Australia, but you are free to change your leverage anytime if you do not have an open position in the market. So you can readjust your money management. But if you are expecting leverage of more than 500:1 I think you should not use this broker. And also I wouldn't recommend this broker to anyone who has limited money and wants to trade a lot. Also if you are in New Zealand and Australia you can only get 20.1 or 30:1, This has very low leverage and is not suitable for everyone, but you should know that leverage not only leads to potential gains but also potential losses.

I heard nothing but good things about Admirals (or Admiral Markets). After contemplating for a while, I finally decided that I could try to open a trading account in them. I thought it won't take long and boy was I wrong. It takes far too much time and the photo id app doesn't allow for switching the camera to face screen view. But I was determined, and all of my applications finished after 3 frustrating hours. But then again, they do have a promising trading condition, great spread, great commission, and amazing leverage. Well, I'll try to see how they will perform.

I need to know if ic markets offer future CFDs trading or not and what kind of CFD futures they offer. Some other factors I'm like to know is their leverage, is it any good? They have good reputations all around so crossing my finger here. I am just so tired of getting scammed by brokers, this is my last straw.

I am particularly interested in the IC Market's cTrader trading condition. One of the most important things I want to know is how much the minimum lot size of the cTrader account is. I also notice that other trading accounts have a maximum amount of leverage of 1:500. Will this be available for the cTrader trading platform as well? This is very important for me.

What kind of CFD products do IC Markets have? I trade metals (usually gold and silver), but these days I have been thinking of trying out soft commodities. But I am not sure about it, that is why I am on a journey to find the best broker for this job. How much is the spread and leverage for soft commodity CFD in IC Markets?