Merits And Demerits Of Trading With High Leverage Forex Broker

high leverage forex broker

High leverage trading can be considered a double-edged sword; you can either earn huge profits or drain your trading account. Leverage is the ability that lets traders open a large position with a little sum of money. Leverage is expressed in ratios such as 50:1, 100:1, 200:1 and so on. For Example, you can open a position of $100,000 with a sum of $1,000 in your trading account through a leverage of 100:1. One thing worth considering is that many brokers can offer unlimited leverage to attract more traders to forex trading. So, whether you are an experienced forex trader or someone who has just started forex trading, it’s vital that you understand the pros and cons of trading with a high leverage forex broker. Read More