anyone notice FxPro leverage is now 1 : unlimited?

I tried opening a new FxPro account type today only to notice they now offer unlimited leverage. Any other person notice this, and is this a new development?

H
@hipkin_mike - 8 months ago

Yes, your observations are correct; FxPro has upgraded the leverage offered by their international entity to 1:unlimited and so Fxpro users in Africa and some parts of Asia can now use unlimited leverage to trade at their own risk.

Y
@yokoyi - 8 months ago
Quoted - hipkin_mike

Yes, your observations are correct; FxPro has upgraded the leverage offered by their international entity to 1:unlimited and so Fxpro users in Africa and some parts of Asia can now use unlimited leverage to trade at their own risk.

Yes, I noticed the upgrade to unlimited leverage too. I have been trading with FxPro for one year now and although high leverage is risky, I still welcome the development because it gives users a choice especially professional traders who can manage high leverage risks.

Note that trading accounts that had been opened earlier, are still going to be restricted to the old leverage so to access the unlimited leverage, you need to open a new trading account.