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Is 50 times leveraged stock index futures legal?
Illegal, certainly not regular stock index futures.

The stock index futures introduced by the state are now basically self-defeating, with a leverage of only 2.5 times.

You can't do it.

But 50 times must be a mess, probably a black disk or something.

I'll adjust the lever as many times as you want, hehe, 1000 times is enough.

One of the wrong disk settings is