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Arnold Joseph
Within 1 year

What is the highest leverage BOT provides for major currency pairs, and how does this leverage vary for different asset classes?

Broker Issues
BOT
Platform
Leverage
Account
Instruments
02-23
United States
WikiFX
Reply

Speaking purely from my experience and based strictly on the available information, I have to note that there is no mention whatsoever of leverage conditions—whether for major currency pairs or other asset classes—when it comes to BOT. In fact, BOT referred to here is the Bank of Thailand, which, according to my research and the official sources, serves as the country’s central bank, not a commercial forex broker. As such, BOT’s public mandate revolves around monetary policy and financial stability within Thailand, rather than providing any leveraged trading services or brokerage products for retail traders. Furthermore, BOT does not appear to operate under any specific financial market regulatory regime for client-facing trading, and there are serious reports and warnings about high risks and suspicious licensing. There are also multiple user complaints regarding scams, losses, and withdrawal failures linked to schemes or bots misusing the BOT name, especially on social platforms. This situation only increases my sense of caution regarding any supposed offerings tied to BOT. Given the lack of transparency, regulatory clarity, or verified service information, I have never encountered—and would not expect—any official leverage options, whether for forex majors or any other instruments, through this entity. For me, the complete absence of leverage specifications only heightens my reluctance to engage and underlines the importance of choosing well-regulated, clearly documented brokers if leverage and asset class diversification are priorities.

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