Trade CFDs on stocks with high leverage

Wurtxz

Newbie
2 0
Hi everyone!
I was searching through the forum and I didn't find an answer to this question: it's possible to trade CFDs on stocks with high leverage? There are brokers where you can do it at 1:10, maybe 1:20, but I wasn't capable of come upon one that let me use, for example, 1:300.
Regards
 

praseto

Newbie
2 0
The ESMA rules that come into effect from Aug 1st this year will reduce the leverage for stocks to 1:5 if I am not wrong.
I wouldn't touch stock trading with leverage 1:300 even if it was available.
 

Wurtxz

Newbie
2 0
The ESMA rules that come into effect from Aug 1st this year will reduce the leverage for stocks to 1:5 if I am not wrong.
I wouldn't touch stock trading with leverage 1:300 even if it was available.
Thanks for your answer.
I you want to trade without the ESMA's limitations then you should use an Australian broker.
 

jm1054

Junior member
42 12
Are they not required to comply with the rules for their EU clients? I'm in the EU.
No. IC Markets in Australia are still accepting EU clients, not sure about after 1st August though...
 
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