Hi Everyone,
For me, here in the UK, since the low leverage has come in to 'babysit' gamblers, it is now very hard to trade as the required margin is huge and if at any point your account balance or equity would drop below 50% through a live trade, they auto-close the position which is ludicrous if you still within your stop but they can and do do this now and it is crazy and so I have now felt compelled to trade from Cyprus but luckilly the firm I am using have been ok and my first withdrawl went without any complications but I still wouldn't feel comfortabl having a large balance sitting on their books.
Obviously leverage can be abused but that is either a decision to try and make a go of it with tiny funds with an acceptance that busting is high probability or it's gambling the latter not being something I like but I think there are many ways to use leverage to achieve results not possible under the European trading regs now.
Obviously running EAs with multiple trades would require a LOT of margin in the UK now so hoping to get somewhere with my offshore account!
PS