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  • Beginner
  • Intermediate
  • Advanced
  • Completion
  1. Beginner
    Early Stages for Beginners
    8 Topics
  2. Forex Terminology
    11 Topics
  3. Margin & Leverage
    2 Topics
  4. Personal Psychology Questions
    2 Topics
  5. Psychology for Beginners
    7 Topics
  6. Intermediate
    Identifying Scams
    2 Topics
  7. Brokers for Beginners
    5 Topics
  8. Technical Analysis
    13 Topics
  9. Market Structure
    5 Topics
  10. Completion
    Risk Management for Beginners
    8 Topics
  11. Fundamental Analysis
    9 Topics
  12. Advanced
    Using Indicators
    6 Topics
  13. Technical Analysis (Part 2)
    8 Topics

Leverage

Regulated brokers in some countries, like the United States, can only offer a maximum leverage of 1:100, 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 many of them 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 through high leverage.