Welcome to our Free Course
Enhance your trading knowledge by studying our legendary free online program!
  • Beginner
  • Intermediate
  • Advanced
  • Completion
  1. Beginner
    Early Stages For Beginners
    8 Topics
  2. Forex Terminology
    11 Topics
  3. Margin & Leverage
    2 Topics
  4. Intermediate
    Identifying Scams
    2 Topics
  5. Brokers for Beginners
    5 Topics
  6. Technical Analysis
    13 Topics
  7. Advanced
    Using Indicators
    6 Topics
  8. Technical Analysis (Part 2)
    8 Topics
  9. Market Structure
    5 Topics
  10. Fundamental Analysis
    9 Topics
  11. Completion
    Risk Management for Beginners
    8 Topics
  12. Psychology for Beginners
    7 Topics
  13. Personal Psychology Questions
    2 Topics

Leverage

Regulated brokers in some countries can only offer a maximum leverage of 1:100 (United States), while others like Europe offer 1:30 for major currency pairs and 1:20 for non-major currency pairs. This may not be ideal for newbie traders as a lot want to control larger positions with their capital, in hopes for large gains. (Again, not realizing larger gains potentially means larger losses too).

Unregulated brokers can typically offer whatever leverage they want. 1:100, the maximum leverage for a regulated broker in the United States can be looked at as very low for unregulated brokers as some offer as high as 1:1000. Meaning if a trader has a $100 account, they can open positions worth $100,000 with that small account but high leverage.