1:200 leverage

Mar 12, 2019 at 09:32
4,501 Views
76 Replies
Member Since Jul 27, 2020   102 posts
Jul 27, 2020 at 06:35
IvanMelnik posted:
1:200 leverage is not that bad for beginners.
Are you sure? This is very risky for the beginner, even for the experienced trader as well.
I think the beginner should be sticking with using upto 20x leverage.
Member Since Jun 24, 2020   34 posts
Jul 28, 2020 at 09:02
cardigan posted:
IvanMelnik posted:
1:200 leverage is not that bad for beginners.
Are you sure? This is very risky for the beginner, even for the experienced trader as well.
I think the beginner should be sticking with using upto 20x leverage.

I would totally agree. 200x is too risky for a newbie. Though everyone has a different risk tolerance, but always better to keep the risk low.
Member Since Mar 22, 2018   13 posts
Jul 28, 2020 at 11:01
Why is high leverage risky? The higher the leverage the lower the amount that you need to deposit with the broker and hence the smaller the amount that you can lose.
Member Since Jul 27, 2020   102 posts
Jul 30, 2020 at 07:37
EllisParker posted:
cardigan posted:
IvanMelnik posted:
1:200 leverage is not that bad for beginners.
Are you sure? This is very risky for the beginner, even for the experienced trader as well.
I think the beginner should be sticking with using upto 20x leverage.

I would totally agree. 200x is too risky for a newbie. Though everyone has a different risk tolerance, but always better to keep the risk low.
Definitely. I think with risk management taken into will reduce the potential risk, but then I do not think the newbie would understand and get the concept of RM easily, would they? I wonder
Member Since Jun 22, 2020   39 posts
Jul 30, 2020 at 11:40
High leverage is always good, as you won’t blow up all your money in one go. Fxview and FXCM are some good high leverage brokers that are also regulated. For me, the general rule of thumb to follow when using high leverage is 1:3 risk-reward ratio.
Member Since Oct 15, 2014   54 posts
Jul 30, 2020 at 12:03
Always set your leverage to 50x leverage or less! The more leverage you have, the stronger effect the market's random variance has on you. Its very simple statistics. However, if you fail to understand this, I will gladly take your money.
Member Since Jun 22, 2020   4 posts
Jul 31, 2020 at 08:25
1:200 means that for every $1 available in your account, you can trade up to $200. This is a leverage account leverage offered by mini accounts. Here, you might need a minimum deposit of $300 in your account, with which you can trader up to $60,000.

Brokers like coinexx, hotforex, XTB, and FXTM provide varied leverage starting from 1:50 to as high as 1:1000. The higher the leverage the lower the capital means that the funds involved are low- which means that it gives you the ability to fast track your potential returns.
Member Since Jun 21, 2020   59 posts
Aug 04, 2020 at 09:51
As an Experienced Trader, I use max of 1:500, this allows me to maximize profits when ever the time presents itself daily.
NO EMOTION DURING TRADING.
Member Since Jul 20, 2020   298 posts
Sep 09, 2020 at 01:47
The lower the leverage for new traders, the better. 1: 200 Leverage is much better for a new trader. If the leverage is low, the trader can keep his account risk free. And if the leverage is high, the account is not protected.
Member Since Sep 07, 2020   63 posts
Sep 09, 2020 at 08:11
That is not a bad one, but I prefer to trade with low leverage. Probably 20x the most.
Member Since Apr 25, 2020   119 posts
Sep 16, 2020 at 10:45
I switched to ECN with a leverage of 1: 200 and a depot from $ 200 and I can say quite well
Member Since Jul 20, 2020   341 posts
Sep 17, 2020 at 08:01
Leverage can be very bemnificial if you have enough knowledge to use this. You can make huge money by using high levergae.
Member Since Jan 10, 2020   28 posts
Sep 22, 2020 at 14:52
hello sir.

as i talked to different traders, most of all i heard about using 1:100 leverage. i don't know is it really helps. but want to try.
forex_trader_1786937
Member Since Aug 23, 2020   142 posts
Sep 23, 2020 at 15:27
1:200 has always be the key to my disciplines and success, it makes me handle 1:500 so smoothly.
Member Since Sep 07, 2020   63 posts
Sep 24, 2020 at 08:32
By all mean, it is fine but I found lower leverage level to be much more beneficial and less risky but alas that is just how i am feeling about leverage
Member Since Jul 27, 2020   102 posts
Sep 28, 2020 at 06:34
Less leverage less risky but does not mean that your account will be saved. It will be instantly wiped out if you do not pay attention the strategy you used.
Member Since Jul 20, 2020   341 posts
Nov 03, 2020 at 20:00
Leverage is very effective to make money from the forex market. But to use this, you have to know all about leverage.
Member Since Apr 15, 2020   83 posts
Nov 04, 2020 at 13:14
You are right when you say that in order to use leverage, you need to be a little aware of how trading takes place and have certain skills.
Member Since Jun 26, 2020   327 posts
Nov 05, 2020 at 07:33
which leverage is more appropriate for you it depends on your trading plan, if have good money management then you can bring good profit by using any kinds of leverage ratio.
Member Since Nov 05, 2020   54 posts
Nov 05, 2020 at 08:21
The ability to manage your capital gives you the opportunity to avoid irreparable mistakes.
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