Pick your leverage and account type based on your needs and expectations

SweetPrincess

Trader
May 9, 2017
117
31
24
45
Based on my own opinion and experience, we investors must choose the account package that you think is suited on your knowledge and expectations. It is necessary to do it especially for the newbies. Some account types are confusing during your first times in the business and we must use low leverage for the betterment of our trading.
 
You are right! This is way, now I am working with 1:100 trading leverage! Yes, I worked in my demo with the same ratio! Even, I use the same trading capital in my demo & live! This helps me a lot to work with same strategy & plan.
 
That’s the standard way of picking trading leverage facility! But, I see many new Forex traders select their leverage feature without any planning, their main intention is only money making! By the way, depending on high leverage facility is too much dangerous.