Well you can choose max leverage and then adjust lot size to reflect preferable risk per position. Or am I missing something?
Yup, that's right chose the leverage at the start while getting the account and vary your lots depending on your risk and stop loss size.
It’s true that you have to set a predetermined leverage when you open an account but you can later adjust it by going to the settings in your trading account.
I have never come across any such broker that allows choosing leverages for each trade. You can choose a broker and the broker's leverage, and it cannot be changed. For example, I trade with FP Markets using their ASIC regulated, which offers leverage of 30:1, and I can only trade using that particular leverage for every trade.
leverage is a very important financial tool that allows an investor to grow his market exposure an initial investments.
i havent seen a broker that allow to choose custom leverage for each specific trade, most brokers just offer you the option to adjust your account level up to maximum amount.
You cannot choose the leverage, but you can choose the position size which is actually quite the same. Leverage is the loan given to you by the broker, so it is up to the broker to decide how much it is ready to give you. You can decide on your own, how much money you are ready to allocate and how much money you are redy to risk. In spite of the fact that there is no chance for you to influence your leverage, still the risk amount and the profits depend on you, i.e. the amount of money you decide to sacrifice.
No, I don't think so can happen like this, as I know the trading using the platform, here I am using Metatrader 4 in my STP account FXOpen, and there is no features to change leverage in MetaTrader platform, but possible to change leverage via cabinet trader, but its need time.
Most brokers set a high limit and you can choose leverage below that in accordance with your requirements. The brokers can have their own criteria to let you use leverage. Just go for what suits you.
Leverage included big matter when trader choosing leverage, but all policies will back to the broker itself, sometimes broker increasing margin trading when the market increase to higher volatility because news high impact, low leverage is considered safer than high leverage to prevent greedy trading.