Which is the best leverage for beginners?
The best leverage for beginners to use is 100:1 gold leverage. This is the leverage ratio in xauusd that's also used by professional traders.
For $100 Account - What's best leverage for beginners to use when xauusd trading?
With 1:100 leverage when you open a account with $100 you'll have capital of $10,000 to open trade positions with - with 1:100 leverage option it means your broker gives you $100 for each one dollar which you have on your account. Hence, if you've $100 - 100*1:100 Leverage is equivalent to 10,000 that you as a Gold trader can trade with.
In XAUUSD with $100 you as a gold trader can control $10,000 capital to trade xauusd with after using leverage option of 1:100
For $200 Account - What's best leverage for beginners to use when xauusd trading?
With 1:100 leverage when you open an account with $200 you'll have capital of $20,000 to open trade positions with - with 1:100 leverage option it means that your broker gives you $100 dollars for each one dollar which you have on your account. Hence, if you have $200 - 200*1:100 Leverage is equal to 20,000 which you as a gold trader can trade with.
In XAUUSD with $200 you as a gold trader can control $20,000 dollars capital to trade xauusd/gold with after using leverage option of 1:100
For $500 Account - What's best leverage for beginners to use when xauusd trading?
With 1:100 leverage when you open a trading account with $500 you'll have capital of $50,000 to open trade positions with - with 1:100 leverage option it means your broker gives you $100 dollars for each one dollar which you have on your account. Hence, if you have 500 - 500*1:100 Leverage is equivalent to 50,000 which you as a gold trader can trade with.
In XAUUSD with $500 you as a gold trader can control $50,000 capital to trade xauusd with after using leverage option of 1:100
For $1,000 Account - What's best leverage for beginners to use when xauusd trading?
With 1:100 leverage when you open an account with $1,000 you'll have capital of $100,000 to open trade positions with - with 1:100 leverage option it means that your broker gives you $100 for each one dollar which you have on your account. Hence, if you have $1,000 - 1,000*1:100 Leverage is equal to 100,000 that you as a Gold trader can transact with.
In XAUUSD with $500 dollars you as a gold trader can control $100,000 capital to trade xauusd/gold with after using leverage option of 1:100
What's best leverage for beginner traders to use when xauusd trading? - 100:1 Leverage
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