What is the best leverage for $30 in xauusd?
The best leverage for $30 account is 100:1 leverage. This is the leverage ratio option in gold that is also used by professional traders.
With 100:1 leverage when you open an account with $30 you will have capital of $3000 to open trades with - with 100:1 leverage it means your broker gives you $100 dollars for each one dollar which you have in your account. Therefore, if you have $30 dollars - $30*100:1 Leverage is equal to $3000 that you can trade with.
In XAUUSD with $30 dollars you can control $3000 dollars capital to trade with after leverage option of 100:1
What is the best leverage for $30 when gold trading? - 100:1 Leverage
What is the best leverage for $30 when xauusd trading? - when trading with $30 you should come up with your money management rules that you will use to manage your trading account capital. These set of equity management guidelines should be written in your plan. If you are a beginner trader wanting to open a $30 dollar account & you don't know what money management guidelines are, you can use the learn tutorials below to learn about what is equity management?
How Do I come up with money management rules for trading a $30 dollars gold account.
Trading with Leverage
The more leverage you use the greater the profit/loss
The less gold leverage that you use the lesser the profit or loss
It's hence better to use less leverage to minimize risks involved. The higher the leverage used the greater the risks. This is one of leverage guidelines not to trade with more than 5:1 leverage.
In leverage guidelines: It's always advisable to stay below 10:1 which is still high, most professional funds managers use 2:1 ratio in their trading account.
To Learn & Know More about Leverage & Margin - Read the Topics Below:
XAUUSD Leverage and Margin Discussed
