Good Moring Everyone, I have a EURUSD algo I developed I would like to run on MT5 platform. I live in the USA. Question please: 1. I would like to run the Algo with at least 400:1 or 200:1 leverage minimum to make alot of money. Higher if possible. I see all the USA regulated brokers like forex.com, tastyfx, and oanda only offer up to 50:1 leverage What regulated broker do you recommend that will accept me as USA Citizen to trade high leverage forex account? Thank you very much.
And thousands of Americans took Fentanyl and died from it. The problem is so serious even President Biden and President Xi discussed Fentanyl. In other countries, you will be put to death for having a few grams of drugs. How many Americans died from trading CFDs?!?!?!?!? two? one? zero? I thought the US was a land of freedom; freedom of expression, freedom of whatever.
So you want to grow this money to millions, and be ok with putting that money in some offshore broker? Bro, lay off the damn drugs. How about you just use the 50:1 and see if it works for 6 months. Is this one of those "buy small lots and hoping for turn around" strategy? I have a feeling you got your inspiration from the Xi Jin Ping cousin on here.. https://www.elitetrader.com/et/threads/fully-automated-gold-trading.379795/page-4#post-5981347
Good Morning BKR88, Thank you. Yes, that is what I reading. I will just stay at 50:1 at USA broker. Very interesting to see other brokers outside of USA have higher leverage then brokers in the USA.
EURUSD is spot forex. Forex is NOT a CFD (Contract For Difference). Forex is actual currency. CFD is essentially a fake market created at brokers.