How much leverage will I take in Forex?
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?
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.