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What leverage do you all use?
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Brahma23

Member Since Jan 27, 2020  27 posts Brahma23 Mar 13 at 17:45
Leverage is the use of borrowed funds to increase a trader's trading position beyond what would be available from their cash balance alone. Brokerage accounts allow the use of leverage through margin trading, where the broker provides the borrowed funds. The traders sometimes use leverage to profit from relatively small price changes in currency pairs. The more leverage a broker give, the more the broker is being chosen. I am also a trader of Tpglobalfx. I am getting leverage from my broker is up to 1:500. It helps me to increase my profit.

Wrathdragon

Member Since Nov 15, 2019  13 posts Wrathdragon Apr 15 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.

Roberto21

Member Since May 02, 2019  256 posts Roberto21 Apr 16 at 07:45
Despite of good money managing skill , leverage can be harmful .
because the market is too much volatile and there is nothing 100% in here.

Imamul

Member Since Aug 09, 2017  475 posts Imamul Apr 28 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.

lyoshatin

Member Since Apr 17, 2020  16 posts lyoshatin Apr 28 at 15:29
I use 1:100 and get more then 30% per month)

Mohammadi

Member Since Aug 11, 2017  725 posts Mohammadi May 12 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.  

stian

Member Since Nov 14, 2015  316 posts stian May 12 at 12:02 (edited May 12 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).

Adribaasmet

Member Since Aug 27, 2017  819 posts Adribaasmet May 12 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.

reggae

Member Since May 11, 2020  24 posts reggae May 13 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.

Georg414

Member Since May 08, 2020  2 posts Georg414 May 27 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.

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.