Leverage 1:3000

Stop-loss orders can help you limit losses if the market moves against your position. A stop-loss order is an automatic order that closes your position at a specified price level. Set your stop-loss level based on your risk tolerance and trading strategy. This will help you manage your risks and avoid significant losses.

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For a trader, volume-based floating leverage is much more complicated because it's vulnerable to market changes. It's common knowledge that the forex market is full of uncertainties, so the probability of getting a leverage adjustment due to volatility changes is higher than you initially thought. Another thing is, the volume-based policy's stance towards leverage change always leads to a decrease, so traders are consistently required to pay attention to margin increase.

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CFTC and NFA heavily imposed strict rules on leverage and bonus deposits because of the risk of overtrading and trading under a limited margin.

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Leverage refers to the practice of performing financial transactions using money that has been borrowed from a broker. The unique thing is that you don't have to repay the loan, as leverage would automatically decrease your margin ratio.

Continue Reading at How Much Leverage from Broker You Should Use?