Harvey Posted June 14, 2022 Posted June 14, 2022 I currently trade with FP Markets using their ASIC regulation with a leverage of 30:1 and it is suitable for scalping because the profit is decent and the loss value is recoverable. Quote
Dora Wi Posted June 14, 2022 Posted June 14, 2022 I would advise most traders to not go above 1:500, and if you are not experienced, start lower than that. Quote
Vaabum Posted June 14, 2022 Posted June 14, 2022 Working with a broker from ExpertOption, I try to use small levels. This is trite safety for me. Quote
FXOpen Trader Posted June 18, 2022 Posted June 18, 2022 On 6/14/2022 at 11:16 PM, Vaabum said: Working with a broker from ExpertOption, I try to use small levels. This is trite safety for me. We can start learning about the Forex market trends and how it will work using the Demo Trading accounts of the FXOpen Quote
Vaabum Posted June 18, 2022 Posted June 18, 2022 I work with a broker from ExpertOption and I think that it is worth working with optimal levels so as not to risk too much. Quote
Hudson Posted June 30, 2022 Posted June 30, 2022 I currently trade with FP Markets using their 1:30 leverage with the ASIC regulations and their trading conditions are reasonable. Their St. Vincent licence also provides a higher leverage of 500:1. Quote
Vaabum Posted June 30, 2022 Posted June 30, 2022 Most often I choose depending on the market situation. For me, this is really important and plays the most important role. Quote
FXOpen Trader Posted July 2, 2022 Posted July 2, 2022 On 6/30/2022 at 7:19 PM, Vaabum said: Most often I choose depending on the market situation. For me, this is really important and plays the most important role. We will have to learn how to do our trades with lower trading leverages. Quote
Vaabum Posted July 2, 2022 Posted July 2, 2022 In general, I try to choose the safest option, it’s more reliable for me to work that way. Quote
ParkChoi Posted July 5, 2022 Posted July 5, 2022 Since I trade with FP Markets, I use their St. Vincent license, which provides max leverage of 1:500 and the profit earned is good. Quote
Vaabum Posted July 5, 2022 Posted July 5, 2022 I try to use the option that is less risky for me. Quote
nanamage Posted July 20, 2022 Posted July 20, 2022 On 7/3/2022 at 2:50 AM, FXOpen Trader said: We will have to learn how to do our trades with lower trading leverages. How to set up funds on FXOpen with leverage to keep trading safe? because using leverage is very risky. Quote
Guerrero Posted July 29, 2022 Posted July 29, 2022 I trade with FP markets using their offshore licence, which provides a leverage of 500:1. I mainly use them because of their tight spreads, which start from 0.0 pips and with their fast execution speed, which is 1ms since I use their free VPS. Quote
Vaabum Posted July 30, 2022 Posted July 30, 2022 I sometimes still try to choose the option that will be safer for me. Quote
Ritesh.R Posted August 5, 2022 Posted August 5, 2022 I trade with FP Markets as of now since they offer a higher leverage of 500:1 with a commission cost of $6 per round lot. Quote
Vaabum Posted August 5, 2022 Posted August 5, 2022 I work with a broker from ExpertOption and I try to use the option with the least risk. I think it's important for work. Quote
Andrae Posted August 8, 2022 Posted August 8, 2022 Leverage can be risky if not traded with a proper broker, which is why I use FP markets, an ASIC regulated broker, using their max leverage of 500:1. Quote
Vaabum Posted August 11, 2022 Posted August 11, 2022 I usually try to use the safer option for work, because it is more profitable. Quote
RodriJames12 Posted August 31, 2022 Posted August 31, 2022 I trade with a leverage of 500:1 using FP Markets' St Vincent licence. The main reason I used FP Markets is also because of their stable spreads during volatile markets, and they are one of the oldest brokers active since 2005. Quote
Vaabum Posted September 4, 2022 Posted September 4, 2022 In this choice, a lot depends on what kind of experience a trader has and how he works most often. Based on this, you can already make a choice. Quote
Liam Posted September 15, 2022 Posted September 15, 2022 I trade with FP Markets using their St.Vincent licence, which offers me a higher leverage of 500:1 with a minimum opening balance of 100 AUD and a commission cost of $3 per lot. Quote
Vaabum Posted September 16, 2022 Posted September 16, 2022 Usually I use the option that can bring me a positive result. Quote
FXOpen Trader Posted October 9, 2022 Posted October 9, 2022 On 9/16/2022 at 11:47 PM, Vaabum said: Usually I use the option that can bring me a positive result. We will need to make use of a plan for doing the trades into the markets. Quote
ParkChoi Posted April 24, 2023 Posted April 24, 2023 Since I trade with FP Markets, an ASIC broker, I prefer trading with their offshore licence from St. Vincent, which offers a maximum leverage of 500:1. Quote
boltushkin Posted April 24, 2023 Posted April 24, 2023 Novice traders are recommended to use lower leverage, preferably no more than 1:50 or 1:100, to limit their risk exposure. This allows them to have greater control over their trades and manage their losses more effectively. As they gain experience and confidence, they may gradually increase their leverage, but it is important to always use it with caution and proper risk management. Quote
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