Forex brokers with high leverage can often be quite tempting to use forex broker flexibility – with high leverage accounts when beginning your Forex trading experience. However, this strategy can lead to one big mistake… Many of these types of brokers actually have very limited investment accounts and a very small number of them actually offer trading strategies that are tailored to your individual investment needs. There is a better approach to finding Forex brokers with high leverage.
Leverage is not necessarily a bad thing. In fact, it is commonly used by most traders to gain additional profit and reduce risk. The problem comes in when the trader uses this forex broker flexibility – with high leverage accounts strategy to trade excessively. In order to learn how to trade with any type of leverage effectively, you need to first understand how leverage works, and how it affects your overall trading strategy.
Types Of Forex Broker Flexibility – With High Leverage Accounts
Your overall Forex trading experience will be greatly affected by the type of leverage you choose to trade on your accounts. Basically, there are two types of leveraged accounts… absolute and percentage. Absolute accounts give you full control over the money you invest, but obviously, your risk is unlimited. Percentage accounts give you more risk but also give you some control over the money you’re investing. If you balance your risk and rewards appropriately you can actually use percentage accounts to improve your overall Forex trading experience.
My favorite Forex broker with high leverage is the BIS Markets Pro platform. This platform is based upon the Metatrader platform. If you’re looking for a good “push button” system that allows you to trade without much effort, you might want to look at the BIS platform. One of the best advantages of using this platform is that the designers of the system include a very aggressive risk management plan. They’ve taken advantage of real-time market data to calculate their “Leveraged Index”, which is used to determine how much risk you should be assuming when trading on the basis of the base currency. This plan results in a very aggressive but flexible trading strategy.
Advantages Of Trading Platform
Another one of the best Forex brokers with high leverage is the OctaFX. This platform is based upon the popular Metatrader software stack. This software has several advantages over other similar trading platforms. For instance, with OctaFX you don’t need to worry about paying an InstaForex minimum deposit.
InstaForex is one of the few high leverage forex brokers with a “pay per trade” option. This option makes trades very attractive to traders who are looking for more income from their trading activities. However, in order to take advantage of this feature, you have to make sure your broker provides this feature… because not all brokers do.
The other two high leverage (30%) are not the only things that make up the stock market today. Other things like market direction, news, and economic stimulus can also have a significant impact on price action. With so many variables that need to be considered, brokers tend to charge very high fees for their services. These extra charges often reflect a perceived higher risk by the investor, which ends up in increased trading capital costs.
The most effective forex broker flexibility – with high leverage accounts will allow you to easily move your funds between different accounts with a minimal fee. It is important to ask the broker about any and all charges that might be incurred. Brokers also offer discount rates to new accounts, which makes them even more attractive. To get the most from your forex broker, make sure you investigate all the options available to you.