Leverage inquiry

May 17, 2023 at 08:57
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2 Replies
Member Since May 17, 2023   1 posts
May 17, 2023 at 08:57
good day everyone. as a new trader, what is the suitable leverage for me? I have checked at Roboforex website, the maximum leverage they offered is 1:2000 is that okay for me as a new trader?
Member Since Jun 26, 2020   327 posts
May 17, 2023 at 09:40
the new Forex trader should not use leverage due to lack of risk management. this is very common story
Member Since May 06, 2023   46 posts
May 17, 2023 at 09:51
For newbies, I don't think such high leverage is a good thing
Quick to earn and quick to lose
The market always has unpredictable fluctationes,risk management is always the number one priority
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