Recent content by thatone

Thank you so much! Are there any brokers that have a decent reputation and aren’t regulated by ASIC?

Thank you so much

@Cam019 so if the dollar is 0.78, will it have to drop to drop to around 0.66 for me to lose that position?

Yes perfect thank you

Hi @peter2 one last thing, I’m currently trading with an equity of $15000 and trade on AUD/USD only. My question is when I put a trade on $100,000, currently I require a margin of $333, so does that mean the only change for me will be that I now need a margin of $3000 to do the same trade...

Thank you so much, that clears the confusion! Appreciate it

Hi all, new here and quite new to trading. I need to understand what the new regulations mean for a trader like me? Will I ever be able to trade with a 300:1 leverage while I’m an Australian resident? are there exchanges that will still allow this? thanks!