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Leverage from a broker must be maximized as well as possible. We can use small amount to start trading in forex. 1:500 is also enough for trading cause i also use it in TenkoFx..Most of the traders use leverage in certain circumstances, like when there is an opportunity for profit then they can place trades with high leverage in order to secure more profits. I'm using FBS and they are offering Leverage as high as 1:2000
I'm just wondering. With 100:1 leverage how much will you going to earn in here? And how much trading capital you need? Just imagine that you need to invest 100 dollars to have a dollar trading capital. I really don't know if theirs a forex brokerage that has that low leverage. In fact its a negative leverage.100:1 is the best leverage which we can use in this business to be sincere by so doing the trader will just enough succees and be sure that he have good outcome from his trade and get the very best from his trading life
If we use smaller leverage for trading, we will need bigger capital. The most important is we must try to use small amount for trading. Leverage will helps us if we can use it properlyI'm just wondering. With 100:1 leverage how much will you going to earn in here? And how much trading capital you need? Just imagine that you need to invest 100 dollars to have a dollar trading capital. I really don't know if theirs a forex brokerage that has that low leverage. In fact its a negative leverage.
yes, sure. the factors to be considered when selecting the leverage could be the amount of deposit and the instruments that you intend to trade on.As you said the leverage used will depend on several factors. However the most commonly used by myself are 1:400 or 1:500, which I find they are reasonable.
Higher leverage means higher risk too. We must understand about it so we can use leverage wisely when trading. We can test leverage for trading using demo account. And for me, 1:500 from TenkoFx is enough, more than enoughFSB Markets is offering Leverage as high as 1:2000, so all depends upon the traders how they wanna trade the market in order to get the best results.