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How much leverage will I take in Forex?

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Jul 02, 2021 12:32 am
#1
Asher User

Posts: 276
Member since: 31/03/2020

How much leverage should be taken to trade Forex. I will be happy if you give your opinion. My leverage is 1:50 because I have an Islamic account. How much is your leverage?

Jun 28, 2022 12:28 am
Posuraid User

Posts: 37
Member since: 29/05/2022

As a new trader, you should limit your leverage to no more than 10:1. To be extra safe, use 1:1. Trading with an excessively high leverage ratio is one of the most common mistakes made by new forex traders. We strongly advise you to trade with a lower ratio until you gain more experience.

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