Help CenterLeverage allows you to control a larger market position with a smaller initial investment by borrowing funds. It amplifies both potential gains and losses, making it a powerful tool in trading.
How is Leverage Chosen?
When opening a Live MetaTrader account, you will select your leverage based on your risk tolerance and trading strategy. The choice of leverage is crucial and should align with your financial goals and understanding of market risks.
What are the Available Leverage Options?
Leverage options vary depending on the account type you choose:
- VIP Account: Leverage up to 1:500
- ECN Plan: Leverage up to 1:500
- No Commission Account: Leverage up to 1:500
- Islamic Plan: Leverage up to 1:500
How Can I Choose the Right Leverage for My Trading?
To select the appropriate leverage:
- Consult with a Mentor: Seek advice from an experienced mentor to understand how leverage impacts trading.
- Conduct Research: Explore online resources to gain insights into how leverage works and how it can affect your trading environment.
What Should I Consider Before Using Leverage?
Using leverage requires careful consideration of your risk tolerance and trading strategy. Ensure you fully understand the implications of leverage on both your potential profits and losses.