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nier22

Joined Aug 05, 2023

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Question about fees on leveraged trades

Hey all,Just trying to understand what leverage is and how it works. Seen in a few places that there isn't any fees charged on positions that aren't held overnight for forex. Is this true? And by extension, does this also apply to a leveraged trade? Meaning let's say I use 1:50 leverage,...

923

Aug 05, 2023 at 09:53

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.

EURUSD	1.16374	GBPUSD	1.34556	AUDUSD	0.71407
USDJPY	159.837	USDCAD	1.38981	USDCHF	0.78772