What is leverage in Forex trading, and how does it work?

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Nov 24, 2024
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Leverage in Forex trading allows traders to control a larger position with a smaller amount of capital. It is expressed as a ratio, such as 1:50, 1:100, or 1:500. For instance, if your broker offers 1:100 leverage, you can control a $10,000 position with just $100 of your own money.

While leverage amplifies potential profits, it also increases risk. A small adverse price movement can result in significant losses, potentially exceeding your initial deposit. This is why using leverage responsibly and implementing risk management strategies is crucial.