What Is Leverage In Forex Trading
Leverage is a useful tool to increase the amount one can trade despite their own limited capital. As long as you can meet the broker’s margin requirements, the broker will offer leverage of up to 1:500. Read about leverage in our guide.
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Which leverage is good for beginners?
Since leverage is a risky trading tools that can result in losses and even a negative balance account, beginners should start with low leverage amounts until their skills are developed. 1:10 leverage or lower is suggested, this means that for every $100 you have in your trading account, you control $1000 worth of funds.