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Need to know the truth
Mitglied seit Jul 20, 2020
286 Posts
Feb 23, 2021 at 01:40
If you want to trade, you must control the risk. And the best way to control this risk is to select low leverage.
Mitglied seit Jun 16, 2020
27 Posts
Feb 24, 2021 at 04:17
That’s not true. There are so many ECN brokers that offer leverage more than 1:100. Some ECN brokers that I have already been using include ICM and Fxview and they offer quite high leverage. You need to go for their offshore option if you want to use high leverage.
Mitglied seit Sep 30, 2020
19 Posts
Feb 25, 2021 at 05:15
You really need to do some more research on offshore brokers. There is no limit to the leverage that an ECN broker can offer. It is their choice and they set the limit according to their own conditions.
Mitglied seit Sep 30, 2020
19 Posts
Mar 05, 2021 at 06:46
The reason why brokers offer leverage is to attract traders to trade more because statistically, a trader who trades more, eventually loses more that brokers can take benefit of. This is the reason why you are always told to use leverage properly.
Mitglied seit Nov 23, 2020
6 Posts
Mar 05, 2021 at 08:12
No need to believe everything you read. By doing this, you are just opening your doors to scams. You must test brokers with and without leverage. The one that lets you trade better is the one you must choose.
Mitglied seit Jul 20, 2020
385 Posts
Mar 06, 2021 at 13:41
I think leverage can help at the beginning. It becomes less important as your investment bank grows. Leverage is definitely an asset to begin with. Just focus on psychology and a strategy you can master and you will be profitable once you follow your rules
Mitglied seit Oct 27, 2020
16 Posts
Mar 15, 2021 at 10:12
You better be careful about the sources you choose. In the modern world, there are scams waiting to trap innocent traders at every step. Whenever you learn something new, make sure that you confirm it from other sources as well so that you don’t make any wrong move.
Mitglied seit Oct 07, 2020
90 Posts
Mar 16, 2021 at 05:17
nincompoop posted:
You better be careful about the sources you choose. In the modern world, there are scams waiting to trap innocent traders at every step. Whenever you learn something new, make sure that you confirm it from other sources as well so that you don’t make any wrong move.
i know there are so many fake instagram pages just goo with regulated brokers.. and check for their affiliation on official website
Mitglied seit Oct 26, 2020
27 Posts
Mar 20, 2021 at 09:24
I surely can’t question or deny anyone’s learning and understanding because I am sure that they have years of experience behind their beliefs. This is why I believe that every trader must follow what works for them rather than following the crowd blindly. I have been using schwab for the last few years and have obtained high leverage from them. But because it works for me, I am going to believe it even if others don’t agree with me.
Mitglied seit Oct 14, 2020
21 Posts
Mar 23, 2021 at 12:58
If there was something like that, traders would have never been able to use high leverage. The maximum number of traders that I know prefer ECN brokers for security. If these brokers can't offer high leverage, their profits would be limited to small amounts and everything else they have read about forex trading and making profits would turn out to be false. Some might even conclude that some brokers are not reliable enough to offer the high leverage.
Mitglied seit Mar 17, 2021
494 Posts
Mar 24, 2021 at 17:00
Major currency pairs all contain the US Dollar on one side – either on the base side or quote side. They are the practically once in a while traded joins in the FOREX market. The majors, all things considered, have the slightest spread and are the most liquid. The EUR/USD is the most traded pair with a step by step trade volume of just about 30% of the entire FX market.
