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Forex 400 Leverage Trading 1

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Is 4001 Leverage Better Than 1001 Forex Factory Hello i’m a complete forex noob and i don’t plan to trade live within the next few months. i’m currently using a fxcm micro demo account with 5000 usd and 400:1 leverage. since there software is really fine in my opinion and i only have 1000 usd to invest in real money i think i’m going to give them a chance when im ready for trading real money. but here comes my question: i’ve read. In the past, many brokers had the ability to offer significant leverage ratios as high as 400:1. this means, that with only a $250 deposit, a trader could control roughly $100,000 in currency on. Are you starting to see why leverage is the top killer of forex traders? as a new trader, you should consider limiting your leverage to a maximum of 10:1. or to be really safe, 1:1. trading with too high a leverage ratio is one of the most common errors made by new forex traders. Forex Brokers Offering 5001 Leverage In Simple Words Can Someone Let Me Know Wha...