What leverage are you using ?

[Nayek Pichai]

But, they have to utilize their strategies in the right way to get a good feedback from the market.

 

[Oscar Shumack]

Those who understand the market never over trade because they know that this issue reduces their equity gradually.

 

[FXOpen Trader]

Those who understand the market never over trade because they know that this issue reduces their equity gradually.

We must try to use a Trading based system that is stable.

 

[Anie]

I am trading with 10:1 leverage.

 

[Bahiya Shinam]

People take forex trading as a game and always ignore trading education, which is quite easier nowadays.

 

[SaadBinToha]

Once traders can recover from their mistakes, it remains as a great knowledge in them. If you alone can’t recover your mistakes, seek help from experts.

 

[BrunoKyle]

I don’t use high leverage as I find it risky and overwhelming. For me 1:20 works well.

 

[Adjudge]

Using 100x with turnkey forex - a safe leverage to me.

 

[Prelect]

Forex traders should select the leverage level that they feel most at ease with. A lesser degree of leverage, such as 5:1 or 10:1, can be preferable if you're cautious and don't like taking numerous chances or if you're still learning how to trade currencies.

 

[Ethan]

As a newbie, it’s safer to use low leverage like 1:10 or 1:20. High leverage like 1:1000 greatly increases risk and potential losses. Just because it’s offered doesn’t mean it’s wise to use it.

 

[helodear123]

Some brokers like HFM offers 1:1000 on micro account and 1:400 on their regular ones, new traders however being unaware of the market conditions should keep the leverage low in start since high leverage can claim higher losses as well.

 

[Harvey]

For newbies, low leverage like 1:10 or 1:20 is safer to manage risk and avoid big losses. Using 1:1000 is extremely risky and can quickly wipe out your account. Just because a broker offers high leverage doesn’t mean you should use it.

 

[Retiould1990]

As a newbie, I’d recommend starting with low leverage (1:10 to 1:50) to minimize risk. While 1:1000 can amplify profits, it also magnifies losses—often wiping accounts fast. Brokers offer it to attract traders, but discipline matters more. Protect your capital; you can scale up later as you gain experience.