Best Forex Leverage for Beginners

Discussion in 'Forex' started by Paul Sachin, Feb 23, 2022.

  1. josy5

    josy5

    It's always mindful to keep your leverage low initially which exposes you to less risk as a beginner because with leverage comes the responsibility to win and initially as a budding trader I personally feel low leverage exposes you to lower risk.
     
    #101     Sep 23, 2022
  2. Fx_Jezz5

    Fx_Jezz5

    In my opinion beginners should start with small leverage. As with leverage comes responsibility and risk.
     
    #102     Sep 29, 2022
  3. FahadMd

    FahadMd

    when you have most powerful analyzing risk management only in that time you are able to bring good amount of profit by using any kind of leverage ratio.
     
    #103     Oct 1, 2022
  4. leverage could be more dangerous if there is no perfect money management . thanks
     
    #104     Oct 1, 2022
  5. the beginners level should not use the leverage at the first stage of trading, this is really a high risky issue
     
    #105     Oct 1, 2022
  6. kroxobor

    kroxobor

    I don't think there is the best leverage amount, you can always set your risk using lot size. Leverage just determines your ability to open position that exceeds your own capital but it still has a great deal of flexibility.
     
    #106     Oct 1, 2022
  7. when there is any good money management you are able to bring a good amount of money from there by using any kind of leverage ratio.
     
    #107     Oct 2, 2022
  8. I recommend newbie beginners to trade in demo accounts to understand more about the forex market and the trading methods, and for beginners that have demo experience and are looking for live trading experience, it is better to trade with a smaller leverage of 30:1 or even lower to avoid losses.
     
    #108     Oct 3, 2022
  9. If you are prone to gambling and over trading then go with low leverage. High leverage in of itself isn't a risk but miss-use of it is.
     
    #109     Oct 3, 2022
  10. quest324

    quest324

    I think the best leverage is 1:100
     
    #110     Oct 3, 2022