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How to Properly Leverage a Demo Account

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How to Properly Leverage a Demo Account

Postby Pepen_supendi » Tue Dec 15, 2015 11:22 pm

The forex market is one of the most complex markets in the world. Unlike traditional markets that only remain open during certain times of the day, the forex market runs round the clock. The foreign exchange market focuses on the trading of different currencies. If you own a pair of currencies, you can make a profit if the trading values increase or decrease between the two. Needless to say, forex trading is a great way to make some extra cash on the side. However, before you can start trading with actual money, it is important to learn the ropes first. That’s why most people use demo accounts, which are realistic accounts, except the money used is virtual.

The only reason why demo accounts exist is to give users an idea about how the forex market works. You can easily open a demo account on plenty of different websites. However, there are many complex terms and strategies that you will need to learn if you want to make a profit in the forex market. The first and most important term that you should learn is “leveraging.”

Leveraging is a common term that basically means borrowing money to invest in something. In the forex market, most people generally borrow money from their brokers and use it to leverage their accounts. The reason why so many people are attracted to the forex market is because it offers very high leverage. For instance, for an initial margin requirement, a trader has the option of building up and controlling a sizable amount of wealth. Investors generally use leverage in order to maximize their returns on any investment.

Now, if you have a demo account, you will need to learn how to leverage it properly in order to generate more money. If you are confident that a particular pair is going to hit it off, you should consider putting your full backing behind it. Here’s how to properly leverage a demo account:

How Can I Change the Leverage?

- See more at: https://www.hiwayfx.com/forex-articles/how-properly-leverage-demo-account#sthash.t6ZTvbx7.dpuf
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Re: How to Properly Leverage a Demo Account

Postby uncle gober » Wed Dec 16, 2015 6:42 am

Leverage is a good factor to the traders can make more profit. But leverage is also a double-edged sword for anyone to use it. if you do not use the leverage effect will cause a large debt and you can not pay it. it will affect your mentality and you do not know how to overcome it. The best we should use the leverage in line with their abilities. Now i am using 1:500 leverage in TICKMILL
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