which leverage best for newcomers ?

[Karley Walker]

I think 1: 100 leverage needs to be used for new traders.

 

[Oscar Shumack]

The broker that I am currently using provides me 1:500 leverage even though I am flexible at using leverage and most of the time I avoid using high leverage.

 

[Aaron_0]

You have to know that leverage is the weapon to increase and decrease trading risk. 1:50 to 1:100 leverage will keep traders on the safe side.

 

[Ethan]

Leverage is a loan provided by broker and it helps in increasing lot size than the size of the capital. 1:50 to 1:100 leverage is a good option for beginners.

 

[Nayek Pichai]

Traders should analyze the market on demo account and should judge them how accurately they can do the work.

 

[SaadBinToha]

Newcomers to Forex trading should start with low leverage, such as 10:1 or 20:1, to manage risk and avoid significant losses while learning the ropes.

 

[Ethan]

For newcomers, conservative leverage levels, such as 1:10 or 1:20, are recommended. This allows for trading with lower risk exposure, helping beginners to manage potential losses more effectively while gaining experience in the forex market.