Determine leverage based on experience

[Nilde Lucchese]

Traders should determine leverage based on their trading experience. As a beginner, small leverage is the best to avoid risk. However, in demo trading, traders can use high leverage to check the performance before real trading. Nowadays many brokers like Eurotrader offer a demo account.

[Resolve]

On 5/24/2021 at 8:49 PM, Nilde Lucchese said:

Traders should determine leverage based on their trading experience. As a beginner, small leverage is the best to avoid risk. However, in demo trading, traders can use high leverage to check the performance before real trading. Nowadays many brokers like Eurotrader offer a demo account.

We must use a Lower Leverage settings in doing our trades in the Forex Markets.

[Matheus Schotsman]

Leverage in Forex trading is a tool that enables us to open big size trade with small capital. It is the leverage that helps us to to make more profit with a small capital. But it is difficult to pick the best leverage level one should use, as it in a general sense relies on the individual trader's trading procedure. But if you want to hold your trade for longer term, use less leverage. For my trading I utilize 300:1 leverage however my broker Eurotrader provides for 500:1.

[uncle gober]

Existing leverage must be able to be considered properly, this is useful so that traders can become better and can be more leverage in carrying out trading activities in accordance with expectations together with Tickmill.