Printable View
In fact, leverage is an important financial asset that allows investors to expand their market exposure beyond the initial investment level. In my trading life, I see a lot of people willing to trade in high leverage. However, realistically, when they use its real account, they almost lose the entire balance. My broker AAFX provide me high leverage up to 1:2000 with flexible range facilities.
To earn good money in a small time leverage is always consider as the most important financial trading tool in Forex. In my trading career I have seen that mostly traders are comfortable to use low leverage due to risk. Forex4you is the most helpful broker who allow high trading leverage to the traders that is 1:1000, besides of giving risk controlling policies such as stop loss, trail stop, take profit or others.
Yes I do agree with you. Leverage is a financial facility extended by broker. Leverage is basically a loan and the amount of leverage provided by a broker differs. Obviously a broker which is financially strong and has deep liquidity of funding source must offer high leverage to the traders. Private Scandinavian Sparkasse broker allows traders with high leverage up to 400:1 with tightest trading spread which definitely increases traders profit.
Generally, traders start their commercial life through demonstration practice! But a large number of Forex traders cannot properly use their practice account since they join without any coach! They face a lot of problems in their learning session but no solution there, so they eventually lose their interest in learning! But I faced this kind of unbearable situation in my learning session, as I selected demo account of TP Global FX, his very useful broker for Forex students.
Leverage enables us to take high lot in trading. All brokers don’t enhance the facility towards their traders. To have the facility we should have good choice on broker. Personally I will recommend Trade12 broker to the traders because the broker allows both small and big investors. They ensures high leverage up to 1:400 to the traders and the amount is equally distributed to their all accounts.