How does Leverage Affect Signal Following?

 

I'm new to MT4 and using signals. I've been testing some signals one of them the trader is using 400X leverage, the other is using 200X leverage.  I setup demo accounts to test them both with 100X leverage.  If my demo accounts were setup with 200X with my P/L to date be 2X?

 
jazee:

I'm new to MT4 and using signals. I've been testing some signals one of them the trader is using 400X leverage, the other is using 200X leverage.  I setup demo accounts to test them both with 100X leverage.  If my demo accounts were setup with 200X with my P/L to date be 2X?

If the leverage is higher than the provider does not affect things, if its lower you will have a lower lot size than you could have.

For example if the provider has 1:200 and you have 1:200 and both have the same balance, you will have the same lot size (almost due to 95% max in settings), if you have 1:400 you will still have the same, if you have 1:100 you will have half the lot size.

Reason: