Forex Leverage
Question about Forex and leverage?
I don’t know alot about it, I’m just reading up on it and wouldn’t plan on investing for maybe another year or so. I was just wondering about leverage. I’ve noticed they have different leverages, like 50:1 200:1 etc. Do you HAVE to use leverage? I realize its really the only way to make lots of money, but I was just wondering if you can do it on a 1:1 ratio? And what happens if say, I put 500$ into an account, and have a 50:1 leverage ratio, and lose more money than 500$, then what happens?
Generally most of the Broker’s close your position when your account reaches zero balance.
But some do carry it in to negative balance as well and charge you for the loss.
RainMaker
Forex: Leverage
