Australian leverage

 

Does anyone know of a broker offering 500:1 leverage to Australian traders, without onerous conditions?

I have found brokers outside Australia where 500:1 is offered with no special conditions. But as soon as you disclose you are an Australian resident, you are referred to their Australian site where leverage is limited to 30:1.

Unless you meet certain conditions like net worth (excl. principal residence) $3 million dollars, with income to match, and all certified by accountants.

 

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