Can you request specific leverage on a 30x broker?
Posted: Sun Mar 06, 2022 2:19 am
Or is it locked by law ?
thanks
Jeff
thanks
Jeff
Unless it's a bucketshop, the maximum the broker offers is the most you'll be able to use. It also depends who the broker is regulated by as well. So if it's an Australian broker and regulated under ASIC, you'll only be able to ask for 1:30 leverage etc.
Leverage and Margin are the same thing just looked at from opposite ends. You increase the amount of leverage used by increasing the bet size (up to the Regulator's imposed maximum), and decrease leveraged used by decreasing bet size (down to the broker's imposed minimum bet size).