if we have enough knowledge and experience than we can use 1:5000 but it is hazardous. the best leverage in my opinion is 1:100 because it is not much risky. most beginners try to get 1:2000 to 1:5000 leverage. but i want to give them advise to not to use such leverage level. i think most traders lose every year because of this mistake. using more leverage helps to earn more profit then why i giving this advise??? its simple, greediness causes loss thats why expert traders always advise to use less leverage.
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