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Thobani Dlalda
Within 1 year

Can you tell me what the highest leverage is that FLATTRADE provides for major forex pairs, and how that leverage rate differs for other asset classes?

Broker Issues
FLATTRADE
Account
Platform
Instruments
Leverage
06-01
United States
WikiFX
Reply

Based on my experience researching and evaluating brokers, I was unable to find any clear information on the maximum leverage FLATTRADE offers for major forex pairs or how their leverage policies compare across other asset classes like equities, commodities, or derivatives. This is a significant concern for me as leverage is a crucial aspect of risk management, and reputable brokers typically disclose these figures upfront. The absence of this detail makes it difficult to fully assess the risk exposure and margin requirements involved when trading with FLATTRADE. Given that FLATTRADE is an unregulated broker with a suspicious regulatory license, I approach this lack of transparency with caution. Unregulated brokers, in my experience, may either limit or increase leverage in ways that could present hidden risks or make the trading environment unpredictable. For forex traders, especially those active in volatile markets, not knowing the available leverage makes it almost impossible to plan position sizing or manage potential drawdowns with confidence. In short, due to the non-disclosure of leverage metrics and the lack of oversight by any reputable authority, I am cautious and would encourage others to seek full clarity directly from FLATTRADE — preferably in writing — before considering them as a trading partner for any asset class. Without verified and public leverage details, evaluating FLATTRADE's suitability for my trading strategies remains a challenge.

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