stevenflam
Členom od Oct 07, 2020
24 príspevkov
Nov 05 2020 at 12:34
Seen most of the traders going with a normal range instead of lower or higher leverage. What leverage you use as a trader and why?

Nov 05 2020 at 12:36
1:100 to 1500 is leverages I have been using and good profits in return, some broker will limit it with very big balance.
colininghrams
Členom od Oct 07, 2020
29 príspevkov
Nov 05 2020 at 13:29
I generally use 1:20 and sometimes go to 1:50. Higher leverage seems lucrative but from my experience they just work against you.
Money Makin Jes
(mister_trader623)
Členom od Aug 24, 2020
13 príspevkov
Nov 05 2020 at 15:01
1:50 is my sweet spot
Be more financially free then yesterday.
Fxg54
Členom od Feb 27, 2020
168 príspevkov
Nov 05 2020 at 15:02
colininghrams posted:
I generally use 1:20 and sometimes go to 1:50. Higher leverage seems lucrative but from my experience they just work against you.[quote
Totally agree with you. I use 1_100. Anything above just seems too risky for my strategy.
Have a good trading day!
LeviSievwright5
Členom od Jul 20, 2020
298 príspevkov
Nov 06 2020 at 03:09
I usually use 1: 500 leverage. And I always suggest a beginner trader use this leverage.
Shaunmaxi
Členom od Oct 19, 2020
28 príspevkov
Nov 06 2020 at 05:17
Below 1:200

Nov 06 2020 at 05:42
LeviSievwright5 posted:It's a bad ideal to tell beginner to use that, only pros should.
I usually use 1: 500 leverage. And I always suggest a beginner trader use this leverage.
Shaunmaxi
Členom od Oct 19, 2020
28 príspevkov
Nov 06 2020 at 07:22
Forex or any other trading for that matter can only benefit when you’ve got complete control over your emotions. I believe with higher leverage you let emotions take over you. Isn’t trading all about minimizing risk? So why use higher leverage in the first place?! My suggestion would be to go for lower or intermediate leverage and don't fall in the trap of higher leverages.
Adamgylicrist
Členom od Oct 19, 2020
38 príspevkov
Nov 06 2020 at 11:10
Been using 1:400, works fine for me.
Breonnataylor
Členom od Oct 09, 2020
28 príspevkov
Nov 09 2020 at 04:05
For a new trader my advice would be to use lower leverages. Or if you really want to get a hand on higher leverage then try with small deposit amounts. Open an account with a broker that has a very low minimum balance requirement like Degiro, no min balance required, or Fxview (Euro 5). This will give you confidence for switching on to higher amounts with higher leverages.
Gracewilson1995
Členom od Jan 11, 2019
147 príspevkov
Nov 09 2020 at 05:48
for me the minimum required is 50X and maximum i like to avail is 500X.
jimmyneeesham
Členom od Oct 05, 2020
40 príspevkov
Nov 09 2020 at 07:15
Do leverage facilities come with some hidden charges?
Imamul
Členom od Aug 09, 2017
785 príspevkov
Nov 09 2020 at 08:52
when i can predict the real faction of this market with certainly then i use only high leverage to bring profit very rapidly. otherwise i always use low leverage.
Amber_0302
Členom od Mar 16, 2020
54 príspevkov
Nov 09 2020 at 09:03
I'm using 30x leverage and it works fine for me
mitchelstrack
Členom od Oct 05, 2020
30 príspevkov
Nov 09 2020 at 11:12
No, leverage is something that all brokers provide and an option provided by the broker to its client for free. Some brokers provide leverages of 1:200, 1:300 and some even up to upto 1:500 as well.
marnuslabushane
Členom od Oct 06, 2020
40 príspevkov
Nov 10 2020 at 10:23
I agree! Haven’t used 500x leverage though, but even the 200 that I use has given me excellent returns on USDJPY. Normally I use my accounts with ic markets, cause high leverage coupled with low spreads can be the best deal for any trader.
Lorencecolling
Členom od Oct 01, 2020
49 príspevkov
Nov 11 2020 at 04:11
I also use high leverage with USDCAD, AUDUSD (though this was worst) on my three different accounts with InstaForex, Fxview and ICM. Prefer USDCAD as a major currency pair for its comparatively low volatility.
Maxwelljoe
Členom od Oct 08, 2020
29 príspevkov
Nov 11 2020 at 09:39
I don't understand why everyone is going after high leverage.