I opened a trading account with eplanetbrokers and picked 1:500 leverage when setting up my account, and it was confirmed and displayed correctly.


But after my trading volume grew (around 5 lots), I realized the broker suddenly cut my leverage down to 1:100 without any prior notice or explanation — even though the platform still shows 1:500 at the top right corner! When I contacted support, they said the broker lowers the leverage as the position size increases.


Has anyone else here experienced something like this?And do you think this is even legal?