Trade with 1 : 500 leverage
Hi friends,
I want to rent a signal but all brokers I know only offer 1:30 for private customers. 1: 500 is only available for professionals.
The robot providers here usually state their performance at 1: 500. What difference does it make in the result whether I trade 1:30 or 1: 500 ?
How can I trade 1: 500 and how big are the risks ?
Regards,
Xrax
With 1:30 leverage you will have a smaller copying ratio that you could have if you were able to use 1:500 leverage, but this on the other hand offers you much lower risk.
You can increase your signal's lot size and your risk by using some utility from the market, but recommendations are not allowed in the forum, so you need to make your own search.
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Hi friends,
I want to rent a signal but all brokers I know only offer 1:30 for private customers. 1: 500 is only available for professionals.
The robot providers here usually state their performance at 1: 500. What difference does it make in the result whether I trade 1:30 or 1: 500 ?
How can I trade 1: 500 and how big are the risks ?
Regards,
Xrax