Leverage in forex market

[Charles Agustin]

Leverage is a loan facility which broker provide. You can control more money which you don’t have. SO, you can trade effective even with small capital like $100 or $200. However, in Eurotrader you can start trading with only $50. The broker also offers high leverage up to 1:500. But leverage increase risk in forex market. So, carful with using leverage

 

[mlawson71]

I don't think 1:500 leverage is safe to use unless one is very, very experienced.

 

[shanmugapradeep]

I'm using 1:1000

It very risky but help in buying more positions.