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1:200 leverage
Member Since Jun 24, 2020
34 posts
Jul 28, 2020 at 09:02
Member Since Jun 24, 2020
34 posts
cardigan posted:IvanMelnik posted:Are you sure? This is very risky for the beginner, even for the experienced trader as well.
1:200 leverage is not that bad for beginners.
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 30, 2020 at 07:37
Member Since Jul 27, 2020
102 posts
EllisParker posted: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 wondercardigan posted:IvanMelnik posted:Are you sure? This is very risky for the beginner, even for the experienced trader as well.
1:200 leverage is not that bad for beginners.
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 Jun 22, 2020
39 posts
Jul 30, 2020 at 11:40
Member Since Jun 22, 2020
39 posts
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.
Jul 30, 2020 at 12:03
Member Since Oct 15, 2014
54 posts
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
Member Since Jun 22, 2020
4 posts
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.
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.
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