Can you choose what leverage to use before each trade?

Discussion in 'Forex' started by nwoptions, Aug 17, 2020.

  1. Concesso

    Concesso

    No, I don't think it is possible to change leverage, it is basically like a loan given to you by your broker so that it is possible to earn higher profits with less money.
     
    #31     Dec 11, 2020
  2. Unfortunately, you can't
     
    #32     Dec 12, 2020
  3. Logan15

    Logan15

    Unfortunately, that is not possible. Your broker determines it, and it is not possible to change because it has a fixed value.
     
    #33     Dec 17, 2020
  4. tedmos38

    tedmos38

    Your account leverage is fixed by the broker and you can not change it before every trade. If you want to change your leverage you will have to contact the broker and get it changed.
     
    #34     Dec 17, 2020
  5. Joeyadi

    Joeyadi

    Leverage should be chosen in accordance with your strategy and trading.
     
    #35     Dec 27, 2020
  6. outhoe

    outhoe

    Wouldn't getting in touch with the broker help?
     
    #36     Dec 29, 2020
  7. No you can’t change your leverage with every trade. That’s why it’s important to determine the leverage ratio you would want to use in your trading plan, and look for a broker accordingly.
     
    #37     Dec 29, 2020
  8. All brokers including plus500 give more leverage for trading major pairs.
     
    #38     Dec 29, 2020
  9. padutrader

    padutrader

    of course you can choose for each trade.

    just take the size that pertains to it.....
     
    #39     Dec 29, 2020
  10. Overnight

    Overnight

    This
     
    #40     Dec 29, 2020