Fx Mental Posted December 20, 2018 Share Posted December 20, 2018 In my opinion , 1:200 leverage is good for a newbie. Because at these leverage there will be a low risk and average profit that a newbie will be interested to trade in Forex market as well as invest. When a newbie invest in Forex market and have not enough knowledge about leverage , they take high risk . so that leverage is better option to me. Link to comment Share on other sites More sharing options...
Gilstern Posted February 24, 2019 Share Posted February 24, 2019 I think that newbies should start without leverage at all. Until they get some experience on market and are confident that their trading technique can produce green pips, they should not use lever. With experience they will decide how much leverage they can afford Link to comment Share on other sites More sharing options...
Ggurah Posted March 12, 2019 Share Posted March 12, 2019 I think that newbies should be very careful when using leverage on live account. Leverage is good thing to support increased profits, when deals are profitable, but on the negative side, loses will be also higher when lose deals are made. So, smaller leverage, or no leverage at all are best options Link to comment Share on other sites More sharing options...
Pixie Pips Posted March 23, 2019 Share Posted March 23, 2019 Leverage is something which is very useful, if you know how to use it correctly with your trading. But if you do not know how to use it properly then you may destroy your account. 1 Link to comment Share on other sites More sharing options...
Zelethale Posted May 21, 2019 Share Posted May 21, 2019 Pixie, nicely said. Indeed, if you really know how to trade, then leverage can be extremely beneficial for you. On the other side, if you have no idea what are you doing , then by using leverage you really can to blow up your account. So, just be careful Link to comment Share on other sites More sharing options...
Pixie Pips Posted May 28, 2019 Share Posted May 28, 2019 Leverage can be beneficial but when is the point. Using it at right time is the important factor. Saying that it is useful does not help anyone. You have to understand the basic. Link to comment Share on other sites More sharing options...
Garpolen Posted June 16, 2019 Share Posted June 16, 2019 I agree that one for the success factors is to know when and how to use leverage. It might be a bit difficult for beginners to understand these factors in the beginning of their trading, this is why I am always advising them to use smallest possible leverage when they are certain in their strategy Link to comment Share on other sites More sharing options...
Zelethale Posted July 29, 2019 Share Posted July 29, 2019 I also agree that new traders should start will small leverage amount. But, it is quite important for them to use risk and capital management techniques also when trading with leverage funds, in order to minimize potential losses and keep their capital safe Link to comment Share on other sites More sharing options...
Pixie Pips Posted August 5, 2019 Share Posted August 5, 2019 We all know that how the Leverage can be beneficial for our trading. But using it correctly is also important because it can also destroy our account. Link to comment Share on other sites More sharing options...
mlawson71 Posted May 6, 2020 Share Posted May 6, 2020 Many newbies don't have a choice, unfortunately, the entirety of the EU, for example, banned leverage above 1:30. Link to comment Share on other sites More sharing options...
Sam Patrick Posted October 15, 2020 Share Posted October 15, 2020 Developing a strategy in forex trading is very important. If a trader does not develop a strategy, he will not get good results in trading. To bring good results in trading, he has to develop a strategy first. There are many types of strategies in the market and I think technical analysis and fundamental analysis are better. With these strategies, if you trade by maintaining discipline, you can earn a lot from trading. I am trading with Forex4you. They always help me to make money from this market. Link to comment Share on other sites More sharing options...
Ross Edwards Posted October 21, 2020 Share Posted October 21, 2020 On every business there would be some ups and downs every person may face and it is very natural. But if you think only about profit then you are not a practical person and Forex trading is not right platform for you. From the free seminar class at TP Global FX platform I have learned that how to handle my trading loss by applying the money management in my trading. It is the right broker. Link to comment Share on other sites More sharing options...
maspluto Posted October 30, 2020 Share Posted October 30, 2020 choosing a broker must be able to pay attention to it properly, this is needed and needed so that traders can become better and can maximize their existing skills, profits, and experience because they get maximum trading security and comfort like what I got from Tickmill. Link to comment Share on other sites More sharing options...
Resolve Posted June 2, 2021 Share Posted June 2, 2021 On 10/30/2020 at 8:37 AM, maspluto said: choosing a broker must be able to pay attention to it properly, this is needed and needed so that traders can become better and can maximize their existing skills, profits, and experience because they get maximum trading security and comfort like what I got from Tickmill. We need to choose a Forex trading Broker that has ECN Trading facility like FXOpen Markets 🙂 Link to comment Share on other sites More sharing options...
Matheus Schotsman Posted July 6, 2021 Share Posted July 6, 2021 Leverage is very important for retail traders. It increases our buying power. We can trade with inconsequential capital with the help of leverage. The lead is whether you take high leverage by then reducing the hazard % proportionately. In any case, I figure trader should focus on quality trading. Also, for that perceiving and contorted is basic. For my trading I utilize Eurotrader broker since I like their useful resources like eBook and video instructional activities. I utilize 1:300 leverage in any case they give from 1:50 upto 1:500 leverage. Link to comment Share on other sites More sharing options...
tradesprint Posted July 9, 2021 Share Posted July 9, 2021 Some brokers like hotforex offer 1:400 on regular accounts and 1:1000 on micro however i have seen some crazy offers like 1:3000 which seems pretty unrealistic in my opinion. Traders should keep in mind that high leverage can also leads to higher damages so it should be kept low in start. Link to comment Share on other sites More sharing options...
JN789 Posted July 21, 2021 Share Posted July 21, 2021 imho reasonable leverage for beginners is up to 1:30 Link to comment Share on other sites More sharing options...
Pixie Pips Posted July 23, 2021 Share Posted July 23, 2021 It is believed that 1:100 to 1:200 is considered to be the best forex leverage ratio. Leverage of 1:100 would be meaning that with $500 in the account, the trader would have $50,000 of credit funds offered by the broker to open trades. So 1:100 leverage is considered to be the best leverage to be utilized in forex trading. Link to comment Share on other sites More sharing options...
Resolve Posted July 26, 2021 Share Posted July 26, 2021 On 7/23/2021 at 11:06 PM, Pixie Pips said: It is believed that 1:100 to 1:200 is considered to be the best forex leverage ratio. Leverage of 1:100 would be meaning that with $500 in the account, the trader would have $50,000 of credit funds offered by the broker to open trades. So 1:100 leverage is considered to be the best leverage to be utilized in forex trading. If we are looking to do our trading with Safety of the Trading Funds then we will need to make use of the minimum leverage settings of 1: 50 Link to comment Share on other sites More sharing options...
Burinis Posted July 28, 2021 Share Posted July 28, 2021 From my perspective, newbies should stay away from leverages. One of the key things that a beginner should learn is money and risk management. It is much harder to learn when you also need to calculate the leverage. So, while a trader is not so self-confident, they'd better to do without trading on margin and concentrate not on the profits but on the decisions. Link to comment Share on other sites More sharing options...
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