Thread: Do you prefer high leverage?

Leverage is a very important concept to the traders and traders can’t deny it’s importance and all traders want to have high leverage and so do I.Leverage is a loan provided by a broker and as a scalper and hedger I always run after a high leverage providing broker. Trade12 provides flexible high leverage which provides more than 1:400 leverage through using which I can extend my trading lot size indeed.

For trading, i prefer use 1:500 in my broker. But my broker provide leverage up to 1:2000. We must be wise in choosing leverage, especially when your broker provide leverage up to 1:3000 like in Justforex, fbs. It's too risk if we use high leverage, but surely, how much leverage you will use for trading, you need to be wise in using them

Use your leverage and margin carefully. You must not be greedy about Forex trading because it will work as an obstacle to the way of earning profit. Eurotrader’s 111% deposit bonus, narrow trading spread and high leverage must increase your trading profit.

I personally believe that greed will only lead to huge losses. I myself always try to be disciplined as much as possible at Tickmill broker, so that I can carry out trading activities comfortably and safely here.

Actually, leverage is a double edge sword, so always take it very carefully. If you are newcomer here then can take leverage from FreshForex broker since their account manager will help you while you are trading.

There are so many things that traders need to learn and understand in forex trading, where nothing is instant and easy in forex. That's why I always follow Tickmill's educational programs, so that in the future I can be much better in conducting trading on a real account.