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What is the highest leverage that BOOM provides for major forex pairs, and how does this leverage differ for other asset types?

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BOOM
Platform
Instruments
Account
Leverage
04-06
United States
WikiFX
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Based on my comprehensive research and personal experience trading with BOOM, I have not found any evidence that this broker offers leveraged trading on major forex pairs. BOOM is primarily focused on providing access to global stocks and a variety of futures contracts—including those related to indexes, currencies, commodities, interest rates, and metals. Their platform does not prominently feature forex pairs as separate instruments nor specify margin or leverage details typical of dedicated forex brokers. For futures contracts, brokers like BOOM usually offer leverage that complies with strict regulatory oversight, specifically from Hong Kong’s Securities and Futures Commission (SFC). Typically, margin requirements for futures in regulated markets are set by exchanges and can be more conservative than the high leverage seen with retail forex brokers. While the exact leverage ratio can vary by contract, I have found that BOOM emphasizes risk management and transparency, rather than aggressive leverage offerings. It’s important for me, especially when considering a broker that is regulated and has operated for over twenty years, to prioritize regulatory clarity and prudent leverage limits. I have learned that high leverage often brings significant risk, and platforms like BOOM—licensed for futures dealing by the SFC—reflect a more measured approach. For traders seeking high leverage on forex pairs specifically, BOOM may not be suitable. Instead, its strengths are in multi-market equity and futures access, with a focus on cost efficiency and regulatory reliability.

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