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Forex Trading What is leverage and how it affect my account?
avatar Catkathy
Question by: Joseph - 13 May 2016, 08:29:56
What is leverage and how it affect my account?
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Answers (1)
avatar user 9379
Answer by: Samanthar - 13 May 2016, 08:36:06

“Leverage” was coined because using leverage allowed you to trade with more than you have. Leverage allows you to do this by reducing the amount of margin required for each position opened.

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