Just a few months ago I joined etoro. As I am not a seasoned trader, the very low leverage and low cost opening positions were very appealing to me. For an account of just 200$ I could open positions which would gain or lose 1-2$ within 5-6 days but my risk was so minimal that I was able to take it. I could also take several consecutive bad trades or even wait them out. They have now changed their policy. For low leverage I have to open lots worth over 1K. My only alternative is opening positions with 50X+ leverage. This can wipe a small account like mine with 5-6 bad trades. Please please please, if anyone knows a broker for small traders like myself give me a link. I don't care if it is a referal link as long as it fits the above profile. low entry positions, low leverage.
Submitted April 12, 2017 at 02:20PM by cyberlord64 http://ift.tt/2p6SLe7