Can you choose what leverage to use before each trade?

R

ReggieFx

Member
#1
#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
 
J

Jessie

Member
#2
#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.
 
B

billi

Member
#3
#3
Some brokers like hfm offers 1:1000 on micro accounts and 1:400 on their regular accounts however new traders being unaware of the market conditions should keep the leverage low in start since high leverage can claim higher damages too.
 
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