Can Leverage be changed?
forex_trader_6207
Členom od Jan 27, 2010
59 príspevkov
Jun 14, 2010 at 07:41
Situation:
0.01 Lot is using $1218 of margin on Alpari UK Demo today. However, when I opened this account, it was a normal 100:1 leverage, allowing me to open 5.0 Lot with Only $5000 capital. Now I can not open any lot over 0.11 Lot with out getting the message ' not enough money'
I opened up a 0.01 lot and two orders of 0.05 lots before the Margin was maxed out Just now! and this also changed my Drawdown immediately.
Before this issue, drawdown was around 16% , but after me pushing the margin to the max, its at 50%, which doesn't make any sense either. Very Weird Indeed.
Has anyone else ever had this issue?
I understand, yeah it's just a demo account. Delete this one and start Over. It's no biggy really, but very odd.
Here is the Demo account.
https://www.myfxbook.com/members/pipinvestment0/attention-grabber-1/36114
The screen shot says'Fxpro- Metatrader' but it is a Alpari demo. I am just using the exe from fxpro with Alpari demo. srv file.
0.01 Lot is using $1218 of margin on Alpari UK Demo today. However, when I opened this account, it was a normal 100:1 leverage, allowing me to open 5.0 Lot with Only $5000 capital. Now I can not open any lot over 0.11 Lot with out getting the message ' not enough money'
I opened up a 0.01 lot and two orders of 0.05 lots before the Margin was maxed out Just now! and this also changed my Drawdown immediately.
Before this issue, drawdown was around 16% , but after me pushing the margin to the max, its at 50%, which doesn't make any sense either. Very Weird Indeed.
Has anyone else ever had this issue?
I understand, yeah it's just a demo account. Delete this one and start Over. It's no biggy really, but very odd.
Here is the Demo account.
https://www.myfxbook.com/members/pipinvestment0/attention-grabber-1/36114
The screen shot says'Fxpro- Metatrader' but it is a Alpari demo. I am just using the exe from fxpro with Alpari demo. srv file.
Členom od Nov 18, 2009
735 príspevkov
Jul 05, 2010 at 14:07
A friend emailed me on the 14th of June, that he had the same thing with Alpari. It's like leverage has disappeared.
If you know what's good for you, stay away from them, treat this problem as a serious warning.
If you know what's good for you, stay away from them, treat this problem as a serious warning.
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Členom od Aug 05, 2009
73 príspevkov
Jul 05, 2010 at 14:21
try oanda, really the 'best' broker i have experienced.
if you want to go with mt4 try ibfx e.g.
your learning gets a big boost when you trade real money. i do it that way with a small oanda account.
demo account just doesnt get you the feel of real money, you know? thats a big point in trading psychology!
if you want to go with mt4 try ibfx e.g.
your learning gets a big boost when you trade real money. i do it that way with a small oanda account.
demo account just doesnt get you the feel of real money, you know? thats a big point in trading psychology!
trading is passion
Členom od Dec 14, 2009
4 príspevkov
Aug 19, 2010 at 16:26
I agree to_ul. Try Oanda. You can change the leverage with them to suit, although the max isn't very high. This might be irrelevant if CTFC rules 10:1 leverage becomes maximum, as is rumoured (Oanda is based in America). This doesn't bother me as I already use only 10:1 leverage and small position sizes to give me 10k pips to play with.
However, with regards to MT4, I was trying to find out what my MT4 demo leverage is yesterday and all I could find was an Alpari UK FAQ page that said if you want to change your leverage, to send them an email.
Not sure if this helps, but get with Oanda for a small demo account and use MT4 for intense technical analysis. Their platform is superb for that alone.
However, with regards to MT4, I was trying to find out what my MT4 demo leverage is yesterday and all I could find was an Alpari UK FAQ page that said if you want to change your leverage, to send them an email.
Not sure if this helps, but get with Oanda for a small demo account and use MT4 for intense technical analysis. Their platform is superb for that alone.
Členom od Jun 16, 2010
205 príspevkov
Aug 19, 2010 at 16:50
You could try a centsaccount with Instaforex as well. Max leverage 1:1000.
And their 1.0 lot is 10'000 units where most other brokers 1.0 lot is 100'000.
On a centsaccount with min. 0.1 lot this is 10 unit trades - you can get a long with just 10 bucks :-)
Cheers
Soeren
And their 1.0 lot is 10'000 units where most other brokers 1.0 lot is 100'000.
On a centsaccount with min. 0.1 lot this is 10 unit trades - you can get a long with just 10 bucks :-)
Cheers
Soeren
Always get cashback -
Členom od Apr 18, 2017
920 príspevkov
Mar 14, 2018 at 12:08
GridsForPips posted:
You could try a centsaccount with Instaforex as well. Max leverage 1:1000.
And their 1.0 lot is 10'000 units where most other brokers 1.0 lot is 100'000.
On a centsaccount with min. 0.1 lot this is 10 unit trades - you can get a long with just 10 bucks :-)
Cheers
Soeren
I don’t think; 1:1000 is a good option! It’s too much aggressive decision!
Členom od Aug 11, 2017
886 príspevkov
Mar 15, 2018 at 12:29
By and large traders in particularly the newcomers fall a great loss by taking high leverage due to non-sense planning and zero risk management policy, nothing to do with high leverage at all. So, before trading with high leverage we have to know how to manage risk.
Členom od Feb 12, 2016
427 príspevkov
Mar 15, 2018 at 15:58
The bigger the leverage ( 1:100 , 1:200 , 1:500 , 1:1000 ...) the bigger the risk! Careful with the leverage level guys, it can be helpful but also dangerous for your funds. Think twice before executing orders with bigger leverage.
Accept the loss as experience
Členom od Aug 11, 2017
886 príspevkov
Mar 16, 2018 at 13:45
In Forex If you want to get maximal result by using high leverage you have to make sure the sufficient balance, otherwise that’s not possible at all to make profit with greatly despite of real money managing plan.
Členom od Dec 11, 2015
1487 príspevkov
Mar 19, 2018 at 06:54
Too high a leverage can be a double-edged sword, one has to be careful about it.
Členom od Mar 05, 2018
12 príspevkov
Mar 20, 2018 at 09:06
Can you have a high leverage but use a small Lot size to minimize risk?
Členom od Apr 18, 2017
920 príspevkov
Mar 21, 2018 at 08:46
SkaterOnIce posted:I think, which traders use the high trading leverage they are interested in only big lots size!
Can you have a high leverage but use a small Lot size to minimize risk?
Členom od Feb 12, 2016
522 príspevkov
Mar 21, 2018 at 13:29
SkaterOnIce posted:
Can you have a high leverage but use a small Lot size to minimize risk?
Sure you can. If you have proper money management and risk control, the leverage is not so important :)
Členom od Aug 11, 2017
886 príspevkov
Aug 18, 2018 at 08:02
How much leverage is more appropriate for you it depend on your trading plan and money management approach . when I was a newbie I used 1:100 leverage in my live account for avoiding risk. but in my demo account I always took high leverage 1:1000 to see the performance how it works. this approach always cautious me to trade in a small balance for avoiding loss .
Členom od Aug 27, 2017
994 príspevkov
Aug 19, 2018 at 07:45
Mohammadi posted:
How much leverage is more appropriate for you it depend on your trading plan and money management approach . when I was a newbie I used 1:100 leverage in my live account for avoiding risk. but in my demo account I always took high leverage 1:1000 to see the performance how it works. this approach always cautious me to trade in a small balance for avoiding loss .
1:1000 trading leverage, really? Then what’s your risk reward ratio?
keeping patience.......
Členom od Aug 20, 2018
9 príspevkov
Aug 20, 2018 at 13:35
I use 1:500, would rather 1:1000 but broker not allow. What broker you use to get 1:1000?>
Členom od Aug 18, 2018
10 príspevkov
Aug 20, 2018 at 13:37
Mohammadi posted:1:1000 leverage is too high for me. can you please elaborate how do you manage your risk?
How much leverage is more appropriate for you it depend on your trading plan and money management approach . when I was a newbie I used 1:100 leverage in my live account for avoiding risk. but in my demo account I always took high leverage 1:1000 to see the performance how it works. this approach always cautious me to trade in a small balance for avoiding loss .
Členom od Apr 07, 2015
55 príspevkov
Aug 21, 2018 at 06:02
Some brokers will allow you to apply for changes in the leverage rates. At least, they used to.
Now that ESMA's regulation is in effect - you have to first apply for a professional trader status and then apply for the leverage you want.
Now that ESMA's regulation is in effect - you have to first apply for a professional trader status and then apply for the leverage you want.
Členom od Aug 27, 2017
994 príspevkov
Aug 21, 2018 at 06:50
kacper5 posted:Mohammadi posted:1:1000 leverage is too high for me. can you please elaborate how do you manage your risk?
How much leverage is more appropriate for you it depend on your trading plan and money management approach . when I was a newbie I used 1:100 leverage in my live account for avoiding risk. but in my demo account I always took high leverage 1:1000 to see the performance how it works. this approach always cautious me to trade in a small balance for avoiding loss .
Please, don’t use such kind of aggressive trading leverage! Please, take care of your risk reward ratio (not more than 2%).
keeping patience.......
Členom od Oct 21, 2016
51 príspevkov
Aug 23, 2018 at 06:51
Adribaasmet posted:@Adribaasmet & @kacper5kacper5 posted:Mohammadi posted:1:1000 leverage is too high for me. can you please elaborate how do you manage your risk?
How much leverage is more appropriate for you it depend on your trading plan and money management approach . when I was a newbie I used 1:100 leverage in my live account for avoiding risk. but in my demo account I always took high leverage 1:1000 to see the performance how it works. this approach always cautious me to trade in a small balance for avoiding loss .
Please, don’t use such kind of aggressive trading leverage! Please, take care of your risk reward ratio (not more than 2%).
Mohammadi clearly stated that he uses 100:1 on real and 1000:1 on demo.
Trade with determination!
