What leverage do you all use?

Jul 18, 2019 at 06:38
5,711 Views
86 Replies
Member Since Aug 11, 2017   886 posts
Oct 24, 2019 at 09:35
Leverage is an important financial tool which an investor should consider when choosing a broker, basically it allows an investor to grow his market exposure to a level that exceeds the initial investments. My trading career I always like to trade with high leverage for making profit rapidly, but sometimes it causes a great risk and losses also.
Member Since Feb 22, 2011   4862 posts
Oct 24, 2019 at 12:36
Roberto21 posted:
leverage is a very complicated issue in Fx trading , sometimes it bring profit very rapidly , sometimes it causes a great losses and risk in spite of having risk management , but after all its one of the major financial issue in Forex.  
Leverage is not any issue. It does not bring you any profit nor loss.
It is simply tool. As any other tool it requires proper usage.
With right money management it works well.
forex_trader_795593
Member Since Oct 09, 2019   32 posts
Oct 25, 2019 at 12:31
Usually, I go safe with 200x-300x.
Member Since Mar 21, 2017   25 posts
Oct 25, 2019 at 12:43
I don't really understand how that is exactly 'safe'. Is that the effective leverage you use rather than just the account setting? I feel, unless you're very experienced like togr and have plans in place to utilise the leverage if need be in case of DD, then 200-300x isn't safe.

The more I trade and learn, the lower and lower leverage I am actually working with / need to work with.
Member Since Feb 22, 2011   4862 posts
Oct 25, 2019 at 15:11
Rustyiron posted:
I don't really understand how that is exactly 'safe'. Is that the effective leverage you use rather than just the account setting? I feel, unless you're very experienced like togr and have plans in place to utilise the leverage if need be in case of DD, then 200-300x isn't safe.

The more I trade and learn, the lower and lower leverage I am actually working with / need to work with.
Well even with leverage of 1:30 you can wipe out your account but it would take more time.
Member Since Oct 27, 2019   1 posts
Oct 27, 2019 at 11:16
I use 1:100 or 1:200
Member Since Apr 18, 2017   920 posts
Oct 31, 2019 at 05:15
My maximum parameter is 1:100. Now I am not doing over-trading; so no need to use any aggressive parameter!
Member Since Aug 11, 2017   886 posts
Nov 01, 2019 at 03:18
For avoiding risk I always use 1:100 leverage in spite of having up to leverage 1:2000 , actually leverage is an important financial tool which always contains risk , so it is better if we avoid using high leverage in real account.
Member Since Nov 15, 2019   26 posts
Apr 15, 2020 at 19:01
I am using mostly offshore brokers so I do use something like you know 1:200 leverage and building all my strategies all around that number and it should really be somewhat like that as I can see and know, so let's go from such topic.
Member Since Aug 09, 2017   785 posts
Apr 28, 2020 at 15:21
leverage is useful for trader , especially if trader start with small balance hence with leverage it will giving opportunity to making transaction on Fx market , now some broker offer high leverage until 1:1000 but so far I am only use leverage 1:400 as maximum.
Member Since Apr 17, 2020   17 posts
Apr 28, 2020 at 15:29
I use 1:100 and get more then 30% per month)
Member Since Aug 11, 2017   886 posts
May 12, 2020 at 09:37
leverage is a very complicated issue in Fx trading , sometimes it bring profit very rapidly , sometimes it causes a great losses and risk in spite of having risk management , but after all its one of the major financial issue in Forex.  
Member Since Nov 14, 2015   325 posts
May 12, 2020 at 12:02 (edited May 12, 2020 at 12:02)
Get as much leverage as you can, you don't have to use it all, the goal is not really to get to the stopout point. The leverage itself shouldn't be part of your money management strategy. I use 1:500 (australian max).
Member Since Aug 27, 2017   994 posts
May 12, 2020 at 15:50
I am not sure, 1:3000 trading leverage is for trading or gambling! Yes, which brokers manipulate traders trading result, they mainly inspire traders to trade with high risk reward ratio! By the way, Forex trading is not gambling! So, pro traders are comfortable with standard trading leverage.
keeping patience.......
Member Since May 11, 2020   74 posts
May 13, 2020 at 06:21
As low as I can. I don't think the higher number is a good idea since leverage is a double-edged sword - either you win big or you lose big.
Member Since May 08, 2020   4 posts
May 27, 2020 at 09:06
I mostly use 1:500 leverage. I started off with 1:200 and once i got comfortable with trading, i increased it to 500X.
Member Since Apr 16, 2019   9 posts
May 27, 2020 at 09:46
1:50 :( I am in the EU
Member Since Oct 19, 2019   34 posts
May 30, 2020 at 08:49
i go max 30. due to EU regulations, every broker i have traded with be it Fxpro, Fxview or eToro. Never felt the need to have more though
Member Since Jan 06, 2020   83 posts
May 30, 2020 at 10:21
1:200 to 1:500 for me, simply the best for scalping
Market Direction
Member Since Apr 01, 2020   231 posts
Jun 03, 2020 at 00:25
I am new in trading and I use 1:200 and it is nice for scalping.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.