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Posted

Leverage refers to the amount you are allowed to trade beyond your deposit and by how much you can multiply your profits. High leverage is suitable for risk takers seeking high rewards. However, high leverage is not recommended for beginners. Almost all broker provides high leverage. My broker Eurotrader offer me 1:500 leverage. I always use leverage with proper risk management.

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Posted

Live account and demo account both are the same operating system. But in demo account there is no need to invest any capital. This is for learning the forex before investing in the market. On the other hand live account needs investment and it is like a real account where profit and loss are genuine. Demo account is just for the beginner. When a trader become professional he can operate a live account. Demo account is a  risk free account. On the other hand live account is full of risk. When I was a newbie I opened a demo account in Forex4you to learn the basics of forex. After getting all the knowledge I moved to their live account. Now with the help of them I make profit consistently.
 

Posted

Leverage is effective and also risky. It is double edge sword. It can turn your small investment into big one. However, there is a high possibility that you can blow up your account overnight. So, use leverage carefully. I recommend new traders to use low leverage at the beginning. As for me my broker Eurotrader give me high leverage up to 1:500 but I only use 1:100.

Posted

the use of existing leverage must be able to be considered carefully, this is necessary so that traders can be better and can get more leverage in getting trading security and comfort while on a real Tickmill account.

Posted

earning profit in forex is not an easy matter, this is necessary so that traders can be better and can be maximized in carrying out trading activities that are in line with expectations while on a Tickmill real account and can become a trader of the month.

  • 4 weeks later...
Posted

Leverage is a good facility provided by the broker. You can control huge money despite having little. However, leverage is a double edge sword. It also exposes risk. New traders often blow their accounts with a couple of trades due to using high leverage. Almost all broker offers high leverage in the market. My broker Eurotrader also offers high leverage. However, I use low leverage with proper risk management.

Posted

The choice of leverage should really be deliberate. This is why I like trading with Amarkets broker for its 1: 1000 leverage, which I find quite optimal for trading.

  • 1 month later...
Posted

Frankly speaking, there is risk very much with all businesses and Forex is no exception. But it doesn’t mean you can’t lower the risk, it’s just about dedication for it. I never find it risky because I maintain fairly decent money-management. It also helps via broker like FreshForex, as they are amazing to do with their 101% Tradable Deposit Bonus, it just simplifies my way of working.
 

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Posted
On 3/13/2021 at 3:20 PM, gds221 said:

It should be understood that the risk in trading is far from always justified. The trader should understand that this could lead to losses.

We should remember that if we will try to reduce the risks present in our trading we can Earn the Profits.

Posted

Of course, sharp ones give us the opportunity to earn good and effective leverage, and competent use of it, as, for example, the offer from the broker Amarkets in the amount of 1: 1000 gives a good result.

Posted
22 hours ago, Gidencenti said:

Forex is a risky business in itself, and it is still not worth increasing this risk by other methods

It is a true fact that traders need to make use of the Lower trading leverage settings.

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