What is the best leverage?

[FOREX.com]

Am I limiting exposure to my balance by setting specific stop losses which–when multiplied by my leverage–will ensure no more than, say, 2% of my account is at risk?

Hi @jones6,

While stop losses are designed to close your trade when triggered, it’s important to note they execute as market orders. That means, they will be filled at the best available price in the market.

Depending on market conditions, that price could be exactly the level you set, close to it, or dramatically different. The following discussion thread has more details which may interest you: Can I lose more than my deposit?