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Different levels of leverage

Piplaws (Piplaws)
May 31 at 11:30
27 posts
I think you should go for the lower leverage because it will help you avoid any risk with scalping. It’s better to not exceed 20x although you’ll find offshore brokers offering even up to 2000x. Better safe!

ele020 (ele020)
Jun 01 at 10:53
181 posts
When it comes to leverage higher the higher is the risk of losing and higher are the chances of gaining. basically higher leverage helps you to trade more with less capital and earn more profits... I strongly believe a medium range of 50-100X is enough leverage.

The more your practice, the more you learn.
AliaDare
Jun 02 at 16:53
447 posts
ele020 posted:
When it comes to leverage higher the higher is the risk of losing and higher are the chances of gaining. basically higher leverage helps you to trade more with less capital and earn more profits... I strongly believe a medium range of 50-100X is enough leverage.

That's right. However, if scaling is done, leverage is selected more. Then it is very risky for the account.

SteveHanks
Jun 02 at 19:12
142 posts
I think 1:50 is the best leverage for every new trader.

LukeRachel
Jun 03 at 01:21
142 posts
traderroni posted:
LukeRachel posted:
I think 200: 1 leverage should be used. Because no matter what strategy I use, leverage will keep me safe.

But still dont you think its pretty much?

It has risks. Where I should use 1:50 or 1: 100 leverage.

78678676 (78678676)
Jun 03 at 10:25
99 posts
SteveHanks posted:
I think 1:50 is the best leverage for every new trader.

- For a newbie I believe the best leverage is 1:30, the very reason many regulated brokers restrict their clients to a leverage of 30X. Also, the forex market is a very risky market so it is better not to go for 50X in the very start.

LukeRachel
Jun 04 at 03:32
142 posts
Piplaws posted:
I think you should go for the lower leverage because it will help you avoid any risk with scalping. It’s better to not exceed 20x although you’ll find offshore brokers offering even up to 2000x. Better safe!

Yes, you are right. If you want to take less risk, you have to select low leverage.

Mauk
Jun 04 at 09:43
64 posts
Not everyone has such capital that allows you to trade a large amount of currency, so you can use leverage like Amarkets, that is, borrow money from a broker to make a deal

fxWrestler
Jun 04 at 09:45
3 posts
Even 1:1000 leverage is fine as long as the right Lot size is used. In fact it better to have large leverage because can then use smaller Lot size

78678676 (78678676)
Jun 05 at 09:19
99 posts
fxWrestler posted:
Even 1:1000 leverage is fine as long as the right Lot size is used. In fact it better to have large leverage because can then use smaller Lot size

But if that were the case, every broker would have offered 1:1000 leverage without thinking twice.

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