By now you must have understood that high leverage is not the cause of account blowout by noobiees. High leverage is a very good thing for those with limited capital. So, the regulation has really caused us to miss some good things in forex and it is nothing to be happy about.
How can retail traders meet up to this If some of them do not have sufficient fund to go with? I thought the use of leverage is to help traders with no much funds to start up. It sounds complicated somehow that their leverage there is 1:10, that means much capital will be required to invest on this transaction. Well, I’m happy that my broker allow the use of leverage from 1:1 to 1:500 any time feel like.
1:10 means that for someone to open a 1 standard lot trade they need 10 000$ in equity which is lol 
What are they trying to do, make you trade mini and micro lots with nothing less than 50-100 000$ account… I fail to see the point in logic…
The fact this NFA rule capping leveraging with 100: 1 only travelled in to impact by the end involving December leans clearly for this CFTC not really producing items any further hard to stick to any moment rapidly.
But it helps preventing novice traders blowing up their newly funded account within a day (which happened to me twice in the past). This is a business where people come in who know absolutely nothing about trading, leverage, margin etc. It might be patronising but patronising is sometimes necessary.
You know there is that trading Forex, CFDs etc. is risky label so anyone not reading that and not familiarizing themselves with trading should go to doctor to have them checked out. It’s like driving a plane without reading manual… But than again I’m glad I’m not in the USA…
Geez kid how about a demo account? You blew two accounts? In 1 day each? HOW?!
I wonder if the lottery will have a max buy in now. Since the odds of winning aren’t displayed clearly for some moron. That’s what I’ll do today, buy a lottery ticket. When I most likely lose I’ll call a lawyer and say I had no idea how slim my chances were of winning. Then we’ll sue the lottery.
Ugghhh where the F are you reality?!
Agree with your posts…
Leverage should work for our advantage. Those who do not know how to use leverage should not use it at all. Those who blow out their account should be allowed to do so… it’s their money lols
Smoking kills… yet how many people commit slow-over-the-years suicide? lols
Maybe it’s better to just trade ES if the trader is a U.S. citizen?
I think we should be able to leverage just like any other part of the world
[B]This thread became obsolete more than 4 years ago,[/B] — when the CFTC lowered the MAXIMUM ALLOWABLE LEVERAGE in U.S. forex accounts from 100:1 to 50:1.
50:1 — not 10:1.
And yet, forum members who apparently don’t know the facts come onto to this thread giving their opinions about “the 10:1 leverage limit in the U.S.”, without realizing that [B]no such thing exists, or ever has.[/B]
The fact that this thread has been given the special distinction of “Sticky” — meaning that it stays forever at the top of the page, in obvious plain sight — simply perpetuates the useless debate over the 10:1 leverage limit.
The premise of this thread is no longer valid. It’s time for this thread to be retired.
Babypips Admins: Please un-stick this thread, and let it sink out of sight.
thanks for the posts guys. As i am new here and i tried many things to learn the best strategies for keeping up my forex work
Stupid move. That would be the downfall of US brokers as we know them. All retail traders would go foreign. You would need $10,000 to trade a full lot. Required minimums would go way up. Literally one of the stupidest things I’ve heard of. Just making it harder for lower income people to move up the ladder.
1:10 is not alot as the forex market trades in the order of 0.0001, the more leverage the more money needed.
10:1 is ridiculous
Too small a leverage just drives people away.
Ever heard about BlackJack gambling. Well, new rules were made alright. To say, it is to protect the players would be a great laugh.
Rules are made for the house. If people ain’t making money in forex, there is always the stock market, commodity market, etc…
Leverage is a double edge sword, but used correctly by educated traders/players can be really profitable. In the end, survival is the real key. I don’t care how you leverage or how you risk, if you can survive and profit, thank a TEACHER. Without proper education, all dumbass money would go to the smartass.