Can you choose what leverage to use before each trade?

#1
Hi guys,

Is it possible to customize what leverage you want to use before each making each trade? For instance, for one trade, let's say I want to use 2:1 leverage, but for another I want to use 4:1.

Or can you only choose the leverage for your entire account?

Thanks
 
#2
It depends on your broker. Some brokers allow you to customize leverage for individual trades, while others set a fixed leverage for your entire account. Check your broker's platform for specific options.