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What is your favorite leverage?
Mitglied seit Oct 07, 2020
20 Posts
Nov 05, 2020 at 12:34
Seen most of the traders going with a normal range instead of lower or higher leverage. What leverage you use as a trader and why?
forex_trader_1984295
Mitglied seit Oct 22, 2020
42 Posts
Nov 05, 2020 at 12:36
1:100 to 1500 is leverages I have been using and good profits in return, some broker will limit it with very big balance.
Mitglied seit Oct 07, 2020
24 Posts
Nov 05, 2020 at 13:29
I generally use 1:20 and sometimes go to 1:50. Higher leverage seems lucrative but from my experience they just work against you.
Mitglied seit Aug 24, 2020
17 Posts
Nov 05, 2020 at 15:01
1:50 is my sweet spot
Be more financially free then yesterday.
Nov 05, 2020 at 15:02
colininghrams posted:
I generally use 1:20 and sometimes go to 1:50. Higher leverage seems lucrative but from my experience they just work against you.[quote
Totally agree with you. I use 1_100. Anything above just seems too risky for my strategy.
Have a good trading day!
Mitglied seit Jul 20, 2020
286 Posts
Nov 06, 2020 at 03:09
I usually use 1: 500 leverage. And I always suggest a beginner trader use this leverage.
forex_trader_1984295
Mitglied seit Oct 22, 2020
42 Posts
Nov 06, 2020 at 05:42
LeviSievwright5 posted:
I usually use 1: 500 leverage. And I always suggest a beginner trader use this leverage.
It's a bad ideal to tell beginner to use that, only pros should.
Nov 06, 2020 at 07:22
Forex or any other trading for that matter can only benefit when you’ve got complete control over your emotions. I believe with higher leverage you let emotions take over you. Isn’t trading all about minimizing risk? So why use higher leverage in the first place?! My suggestion would be to go for lower or intermediate leverage and don't fall in the trap of higher leverages.
Mitglied seit Oct 09, 2020
18 Posts
Nov 09, 2020 at 04:05
For a new trader my advice would be to use lower leverages. Or if you really want to get a hand on higher leverage then try with small deposit amounts. Open an account with a broker that has a very low minimum balance requirement like Degiro, no min balance required, or Fxview (Euro 5). This will give you confidence for switching on to higher amounts with higher leverages.
Mitglied seit Jan 11, 2019
140 Posts
Nov 09, 2020 at 05:48
for me the minimum required is 50X and maximum i like to avail is 500X.
Mitglied seit Oct 05, 2020
18 Posts
Nov 09, 2020 at 07:15
Do leverage facilities come with some hidden charges?
Mitglied seit Mar 16, 2020
54 Posts
Nov 09, 2020 at 09:03
I'm using 30x leverage and it works fine for me
Mitglied seit Oct 01, 2020
33 Posts
Nov 11, 2020 at 04:11
I also use high leverage with USDCAD, AUDUSD (though this was worst) on my three different accounts with InstaForex, Fxview and ICM. Prefer USDCAD as a major currency pair for its comparatively low volatility.
Mitglied seit Oct 08, 2020
22 Posts
Nov 11, 2020 at 09:39
I don't understand why everyone is going after high leverage.
Mitglied seit Jul 23, 2020
696 Posts
Nov 11, 2020 at 13:42
I am using 1:100 in real account. However, I am trying to learn managing high leverage in demo account.
Mitglied seit Oct 07, 2020
20 Posts
Nov 16, 2020 at 14:20
@SofieAndreasen i am just not sure whether the leverage differs for a demo or live account?
Nov 18, 2020 at 12:30
There has to be a reason why regulated brokers like Fxview, ICM, Fxpro are offering low leverage. It is best for us only. Why risk traders are willing to risk so much, i really don't understand, with such security of funds are also at stake since no regulated broker will give high leverage.
