Dec 10 2020 at 12:21
russellgutierrez posted:
I’m using Oanda right now. I don’t really use high leverage so that works for me. Any other recommendations?
I’ve been around so long that I like to say I’ve used them all. Jokes apart, I have traded with quite good and bad ones. Oanda, IG, LCG, Fxview, Pepperstone are surely the good ones around. Healthy tip- stay away from scammers and research before investing.
Dec 10 2020 at 13:25
I don’t think you should worry so much. Just choose the right platform and trade. I trade with XTB and Forex.com. The leverage varies from trade to trade and is usually high. Since it has worked for me, I go with it.
Dec 24 2020 at 05:03
High leverage does come with high risk. It is better to keep the leverage low but if you want to experiment and give it a shot, high leverage can open doors for potential profit which is sometimes worth the risk.
Dec 25 2020 at 02:21
The higher the leverage, the higher the risk. So 1:50 leverage should be used to control the risk.
Jan 11 at 07:58
If a trader does not know how to manage capital and predict the most likely outcome of a trade, then a large leverage can only harm him. Therefore, after a while I just started using leverage up to 1: 1000 from Amarkets
Feb 09 at 09:54
High leverage can really be risky. Most new traders are advised to keep the leverage as low as 1:10 or 1:20 which is considered to be the safest among all.
Feb 10 at 15:05
It seems to me that the risks associated with leverage does not depend on its size, it depends on how willing you are to work with it.
Feb 10 at 20:42
From my experience most brokers will shut you down if Marvin gets to low and take that issue away from you.
Feb 24 at 05:23
From what I have heard and experienced, it is somewhat true. A high leverage can increase the risk per trade but it also opens up doors for any potential return.
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