Can I trade without leverage?

sorry this isnt true. everybody uses leverage especially in currency trades. just with big accounts it differes in form of how to and where from.

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Yes @mitsufisher, we provided a more detailed response for you in another thread where you asked the same question: Can I lose more than my deposit?

Better question: Can a newbie retail trader be successful period? Your goal should be to grow in knowledge and skill, so you are no longer a newbie.

“When I was a child, I spake as a child, I understood as a child, I thought as a child: but when I became a man, I put away childish things.” - 1 Corinthians 13:11

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Thank you for your contribution. With the benefit of experience on the institutional FX Market Making operation at Barclays Capital I can tell you definitively that they do not use leverage.

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Ahh… so you’ve see the movies HACKERS as well ,Have you, and are quoting THE CEREAL KILLER


because i know as a broker, You haven’t read the bible, that’s for certain :stuck_out_tongue:

The point is that if you had enough capital to trade without leverage, you wouldn’t be using a counterparty broker anyway: you’d be using a direct market access broker.

Unless you’re envisaging opening a very large account, the answer to your question is effectively “No, you won’t be able to do that”.

Note, also, that the leverage figures quoted within accounts are often variable, and that just because a “broker” (i.e. counterparty) offers “200/1 leverage” doesn’t usually mean that you have to use that much leverage. Choose a broker that allows you to adjust it to whatever leverage you want to use.

High leverage in itself isn’t dangerous. It’s the way inexperienced traders use it, combined with their poor understanding and unrealistic expectations and lack of risk-management skills that causes them the problems. But still, in general, it’s a good idea to steer clear of “brokers” offering ridiculously high leverage, for exactly the same reason that you should avoid “brokers” who offer deposit bonuses and competitions: it tells you specifically what kind of customers they’re trying to attract, and that in turn tells you enough about the way they do business to know that they should be avoided.

(Whether Barclays Capital trades with or without leverage isn’t relevant to what you needed to know, here. :wink: ).

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Well maybe not. MrDE decide to challenge my position and I felt it necessary to let him know that is was based on something and not just the nonsensical baseless prattle he has the proclivity for.

This is an excellent point, @LukasVisser, and one we discussed in this thread: LOW leverage is in fact dangerous

“And if any man think that he knoweth any thing, he knoweth nothing yet as he ought to know.” - 1 Corinthians 8:2

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hehe

i can play this game as well :stuck_out_tongue: it doesn’t mean that i’ve read the bible
well, actually i have … 3 times… but, just because i can do this, doesn’t mean that i’ve read the bible , that’s the point

and No, i’m not going to do , because it’s late and if i get into this , i’ll start seeing scripture in my dreams
so. you have a nice day :stuck_out_tongue:

Now to the newbies that would put effort into a trade, CAN YOU PERHAPS OFFER SOMETHING ALONG THE LINES OF HE WHO SOWS SHALL REAP THE REWARDS OF HIS EFFORTS :stuck_out_tongue:

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hehe
@FOREX.com

well mate , let’s put aside that POSERS using “it’s not about a salary it’s all about reality” are just trying to be like the one and only EAZY-E
but that aside

i shall respond as follows :slight_smile:
Hell yeah…

We don’t need much in life, we just need ourselves and ALL WE ARE IS ALL WE NEED

Ok mate, i understand what you are trying to say… ok
but like i said it has to stop somewhere

watching you guys is like this video here
Tom Araya asks an Audience Politely to be quite, THEY WERE INCAPABLE OF IT

it’s like you guys
a lot of you are incapable of just stopping
example… You mate
you had to say to mrde the balls in your court

think about this… WHAT ARE YOU TRYING TO ACHIEVE
HOW DOES IT HELP THE SITE

like i keep saying

I UNDERSTAND YOU
but, I’LL LEAVE YOU TO IT

You guys are not capable of stopping, or so it seems
and thus this site gets polluted with crap like this

think about it

you said you agree with me
so… Just stop then… simple as that

Hi guys.

I understand that we all want to help the OP and share knowledge based on our own experiences. After all, that’s what the community is all about. However, we believe that we could do so in a calm and collected manner. There’s no need for name-calling, no need for insults, and definitely no need for ultimatums.

There is nothing wrong with wanting to argue for your position. But arguing in this manner simply obstructs the learning opportunity for the OP. I hope we keep that in mind.

I’m closing this thread for now, just to give you guys some time to collect your thoughts.

Gents, you’ve taken the “discussion” into PM territory, if even that is warranted. Please don’t post any more in this topic, as if you continue on the current course, your messages will get deleted. Cleanup is on the way.

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This is true. I tried to set my account to 1:1 leverage but it wasn’t possible. Instead I trade lotsizes within my available balance.

I have not watched the movie HACKERS but I will now! While I am losing ~1000USD on a LTC position and praying for the bulls to save me.

Hi @ropunzel, I found this thread while googling “no leverage trading”. I didn’t find the answer in this thread and I don’t think I would add to this particular conversation so I wrote a new one, could you have a look at it with the benefit of your experience on Barclays Capital?

It’s the only thread I created here, I believe you should be able to find it via my username (I’m new here so I can’t post links). The title is “Kraken margin pool/no leverage option”.

Many thanks in advance

In fact it is better to trade without leverage until you become an experienced trader.

Every broker will allow you to trade without leverage. Leverage is just an option not a compulsion. But just so you know, if you trade solely using your own capital, you hold the bigger risk of losing it all, so think about it.

Of course you can and you must. Don’t get into the habit of using leverage in the beginning just because you might be having less capital. Most beginners think that leverage is like the kind of loan that can help them achieve their dreams and in the process, lose what they even had in the first place. I used 500x leverage with ic markets right at the start of my trading journey and lost the few dollars I had. Leverage is so tempting that I kept repeating the same mistake over and over. Blew so many accounts, now again I am using a broker fxview which gives 500x leverage but I don’t use it. Only when I become a very confident trader will I reframe my strategy which will include use of leverage.