I live in Spain, is it legal to operate with a non-European broker with 1:3000 leverage? I say this to avoid the regulations that limit European brokers to 1:30 leverage.
That’s a question for a Spanish lawyer.
But it doesn’t really matter whether or not it’s legal, because even if it’s legal, it’s a crazy, bad idea.
You keep asking the same questions repeatedly but completely ignoring the many well informed and helpful replies you get.
Why would anyone want to avoid regulations that arose in response to public demand for them and were created to protect customers?
Not everyone looks at it that way. Some Libertarian-leaning people feel it’s “governmental interference with their freedom of action”. Views like that are often expressed online, including in forums, and that can reinforce it, too: people without experience can easily have some persistent, idealized, very mistaken concept (often based on a complete misunderstanding, though it isn’t always clear exactly what the misunderstanding is), and they want a specific answer and won’t be influenced by other, better-informed answers from more experienced people, however many of them there are and however much they agree.
My concern for Miguel is that the only person whose response he actually acknowledged in his last thread asking the same question was also the only person who gave him bad advice. Which also sometimes happens, in forums.
Nobody wishes you any harm, here, @miguelgta . People with far more experience than you are trying to help you, knowing that if you use 1:3,000 leverage, the chances of your blowing your account are about 99.99%, for this kind of reason.
I ask the questions I want if not don’t answer my threads
I see. You want answers only from people who agree with your mistaken perceptions, but not from anyone with more, or better, or different experience?
A curious approach to “learning”. Good luck with that.