Broker leverage

Beginner Questions
224

wow that is so cool. Yes i wont limit myself

@TYGMedia, I was looking at Marketing but i just realized im going to need to learn the skills :rofl:, whic ill be happy to do. i want to focus on SEO and learn how to create leads for potential companies.

Im looking at focusing marketing on real estate since its currently the degree im studying so i can potentially build a networking when cold calling.

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225

There’s

Fusion Markets. It gives 1:400 leverage i think!
GlobalPrime Broker is also another great one

They all 4.5 star rated!

If you need a great forex strategy as well, over 96% accurate to add to this info, then let me know.

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226

hi @TYGMedia, are there any books you would recommend me about PA and SMC?

i remember you linking me a book on wave theory, will that cover PA and SMC?

227

Hi @tomo22, About PA, I recommend AI Brooks for reference. About SMC, I don’t really into SMC. Rather than reading the book, I recommend you find the lesson online. SMC explanation is quite challenging in the beginning :grin: … probably you have to prepare some rapid flash strong panadol before you learn it.

The book about wave theory is good for you to learn pattern, if you are really into technical chart. You will learn how to quantitative chart movement. I won’t recommend it if you don’t really enjoy math. It’s part of econometric. :nerd_face: I’m a nerd for your information.

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228

is this AI brooks?

image

or someone else

229

Hi @tomo22

These are the Al brooks collection.

I don’t read all of them. I have many other books about price action. But I find out brooks is easier.

You can have it from google play, search Al brooks as the keyword.

( Please everyone, don’t report me for marketing disguise. I don’t know this Al Brooks guys. I receive no commission at all :pensive: )

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230

@TYGMedia, not sure if this is a coincidence, but is this similar to what you talk about ranges?

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231

Hi @tomo22, yup PA has special topic about market range. I don’t have this one. You may read to find out. As I know AI Brooks has several books about PA. Perhaps 6 books, probably.

The e-book

Content of the Book

Screenshot from 2024-10-25 16-09-34
Screenshot from 2024-10-25 16-09-341049×594 133 KB

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232

hi @TYGMedia,

Im finding it somewhat difficult to understand JS. learning everything all at once like all the variables, consts, primitives and dynamic languages can be confusing for me to understand all at once.

I start to understand once taught however, if i were to asked to apply it in a real serious world problem i would fail

233

Think twice before you use high leverage. Be smart enough not to blow your account. High leverage is the easiest way.

234

I totally understand the challenge, especially with ASIC regulations in Australia limiting retail leverage to 1:30 for major forex pairs. For higher leverage options, there are a couple of approaches you might consider:

  1. Offshore Brokers: Some traders go with reputable offshore brokers that aren’t bound by ASIC restrictions. Brokers regulated in places like the Seychelles, Belize, or other regions sometimes offer leverage as high as 1:500 or more. A few options are IC Markets (offshore), AxiTrader (offshore), and Exness. But make sure to double-check the broker’s reputation and regulatory standards, as going offshore does mean accepting additional risk.
  2. Professional Account with Australian Brokers: Certain Australian brokers allow experienced traders to qualify for a professional account, which can offer higher leverage. If you have the trading experience or meet specific asset criteria, this could be worth looking into with Pepperstone or other ASIC-regulated brokers. Requirements vary, so it’s worth reaching out to them directly.
  3. Risk and Strategy Adjustment: Since you’re working with $2,000, consider experimenting with strategies or currency pairs that have tighter pip spreads and allow you to manage smaller trade sizes more effectively within the leverage limits.

I hope this helps!