Please how do I trade with out leverage, remove it or deactivate it, I want to trade with my balance, can someone please tell me, thank you for your help.
If you have such a huge amount of capital only then you can avoid this feature! Personally, I don’t see any problem with small trading leverage like 1:100! By the way, may I know why you are so obsess on trading leverage?
When you open an account with your broker you should ideally get the option of choosing the leverage for your account. Once selected you cannot change it unless you choose to open a new account with new leverage. It’s best to talk to your broker to see if he can off the type of leverage that you’re comfortable with.
Bear in mind that most FX accounts, even the most tightly regulated brokers, offer some form of leverage. Without it we’re forced to trade with higher capital. For e.g:
An account with a leverage of 100:1 registers a 10c ($0.10) change for every pip, when you purchase a microlot (0.01), where the USD is the quote currency (EUR/USD, GBP/USD, etc). For this you’d require a minimum $100. If you wanted to apply the same risk to an account without leverage you’d need $10,000.
It just for the warning that leverage is risky.thank you for straighten it out for me.now rather than worry about it, I focus on my trade.
Thank you very much, I’m just a beginner so I have to understand this things, I’m very grateful.
This is what u should do….trade with caution.
Small correction. This amount looks like it was pulled out of thin air. The min amount to have in your account would really depend on what your risk/reward is. The $100 would make sense if you have a stop loss/risk of 10 pips, if your planned risk is 1%.
If you’re SL is 20 pips instead then it’d make sense to have a $200 minimum @ 1% risk. If any of this is unclear you can refer to this lesson in the online course.
Perfect, just keep digging! I see, you meant high trading leverage! Really high trading leverage is so risky!
Leverage is only dangerous if you use it dangerously. If you intend to trade with good risk management per trade and with regard to total trades open at any one time then even high leverage isn’t a danger to your account
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