Wats the difference in having leverage of 1:100 or 1:200..
Which is better?
Levarage is great.
If your account have 1:200, your USD100(real money) trade USD20.000 (virtual)(Levarage)
If your account have 1:100, your USD100(real money) trade USD10.000 (virtual)(Levarage)
I love Forex.
means i can trade more with 1:200...but i know its a double edged sword....thx bro...
I am new to forex and have opened a demo account.
I have searched the web trying to find how much leverage to use, but can't find anything useful.
Is a low leverage the best to use? Are there any leverage calculations to find the best to use? Or is there a recommended leverage that people use?
Difference is risk. 1:100 is classic leverage I would say.
When you trade with higher leverage you have higher risk potential, you have also higher profit potential. btw.