Power of Leverage in Forex
Leverage gives you the ability to use something small to control something big. It’s a borrowed money provided by Forex brokers, presented with the use of ratio, for instance, 1:100 or 1:500.
Let’s say for example you have $100 in your trading account. With a 1:100 leverage, you can control $10,000, increasig your trading power.
But a word of caution. Although leverage can increase your potential profits, it can also amplify your potential losses. So you have to use it wisely.
