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  1. #1
    Mark M is offline Senior Member
    Join Date
    Dec 2016
    Posts
    413

    Default What leverage will you advice as a newbie trader to use?

    What leverage will you advice as a newbie trader to use? Do you think 1:1000 is too high for inexperience trader to use? Because I have been advised against using high leverage but again I thought it broker have provided it why won’t I use it. What you think?

  2. #2
    Angel candy is offline Senior Member
    Join Date
    Mar 2016
    Posts
    338

    Default

    I will not advise any high leverage to any newbie trading because he/she might lose his investment in a single trade risk.

  3. #3
    andengireng is offline Senior Member
    Join Date
    Aug 2017
    Posts
    104

    Default

    I recommend you to use leverage 1:1000 maximum, it is the best leverage for you as a newbie, with 1:1000, you can open position with bigger lot, don't use leverage more than 1:1000 like Hot Forex offer you, you can choose 1:3000 max leverage in HotForex, but believe me, it is scam!

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