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 also is used by experienced traders.
With 100:1 leverage when you open an account with $30 you'll have capital of $3000 to open trades with - with 100:1 leverage it means that your broker gives you $100 dollars for each one dollar which you have on your account. Hence, if you have $30 dollars - $30*100:1 Leverage is equal to $3000 which you as a gold trader can trade with.
In XAUUSD with $30 dollars you as a gold trader 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 on your plan. If you're a novice trader wanting to open a $30 dollar account & you don't know what money management guidelines are, you as a Gold trader 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 which you use the lesser the profit/loss
It's hence better to use less leverage to cap risks involved. The greater the leverage ratio used the greater the risks. This is one of leverage rules not to use more than 5:1 leverage ratio.
In trading leverage rules: It is recommended to keep below 10:1 leverage which is also still high, many professional funds managers use 2:1 leverage ratio in their account.
To Learn & Know More about Leverage & Margin - Learn the Tutorials Below:
XAUUSD Leverage and Margin Discussed
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