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benkorea · 31-08-2004, 12:34

Hey,

I am wondering about something. The retail spot forex trading mostly has 1:50 or 1:100 leverage. Sometimes, it's higher. I even wonder how I could get an account with, let's say, 1:20 leverage.

Recently, I have been surfing around to see what the account managers have to offer. Mostly, they manage accounts with leverages of 1:1, 1:2, 1:4, 1:5 and rarely over 1:10.

So I have some questions about this. Am I commiting a suicide having a leverage higher than most of the account managers (it's like the spot forex industry would already be set to get me broke!! Where is the purpose, I think a long lasting and profitable customer is better (for the brokerage business) than one who goes bankrupt )? I suppose they (account managers) are experienced and they do realize the risk of Forex trading better than I would. OR, are they oblige to trade with lower leverages in order to secure or calm their customers?

Is there something I don't understand at all OR am I not looking at the good places?

Fellow traders, your opinion or knowledge is welcome!

31-08-2004, 12:34	#1 (permalink)
benkorea Forex pupil Join Date: Jun 2004 Posts: 148 Rep Power: 0	Leverage on managed account Hey, I am wondering about something. The retail spot forex trading mostly has 1:50 or 1:100 leverage. Sometimes, it's higher. I even wonder how I could get an account with, let's say, 1:20 leverage. Recently, I have been surfing around to see what the account managers have to offer. Mostly, they manage accounts with leverages of 1:1, 1:2, 1:4, 1:5 and rarely over 1:10. So I have some questions about this. Am I commiting a suicide having a leverage higher than most of the account managers (it's like the spot forex industry would already be set to get me broke!! Where is the purpose, I think a long lasting and profitable customer is better (for the brokerage business) than one who goes bankrupt )? I suppose they (account managers) are experienced and they do realize the risk of Forex trading better than I would. OR, are they oblige to trade with lower leverages in order to secure or calm their customers? Is there something I don't understand at all OR am I not looking at the good places? Fellow traders, your opinion or knowledge is welcome!