The FxPro leverage works really similar to the FOREX leverage model that is in the MT4, cTrader, MT5, and FXPro market platforms. The FXPro leverage adapts to the clients trading positions. It works really simple; as the volume per instrument of a client upsurge, the maximum leverage offered falls accordingly.
All these things are done through per trading instrument. That means that if a client has positions open across multiple instruments, the FxPro leverage is going to be calculated individually on each FOREX Symbol.
FXPro is a trading platform that has web and mobile services; it was created in 2006 in Cyprus by Denis Sukhotin. In 2010 FXPro got its license from the Financial Conduct Authority, and it built its office in London.
To start to work with it, you will need $500.
The maximum FXPro leverage is 1:1500.It counts with a mobile app and web service. And one of the best things about this platform is that is 24hrs available but only from Monday till Friday.
A good an exact definition that can be used when we talk about leverage is to say that is an investment strategy that consists in the use of borrowed money. To be more specific and exact, it consists in the use of a couple of financial instruments and borrowed capital just to be able to raise the potential return on any investment.
Another good definition is: “it refers to the amount of debt that is used to finance possessions.
” Let´s make an example; if you, as a trader, have 300 lots bought on USDJPY, and then you start trading EURUSD, the margin requirement for EURUD will never be affected by the existing USDJPY positions.
If the client´s account uses a 1:500 leverage and proceeds to buy lots EURUSD, that way the account leverage is going to be larger than symbol´s relevant values, so the margin requirement will be just like it shows the next table.
LOTS MAXIMUM LEVERAGE APPLICABLE LEVERAGE
0-100 1:500 1:500
100-200 1:200 1:200
200-300 1:100 1:100
Some people make some precarious decisions like, start to work in the trading world and not read about it.
That is a huge mistake, especially if you are new.
You need to understand what you are doing, you need to be sure about the place in which you will invest your money, and of course, you don´t only need to get some practice; you need some theory to have a comprehensive understanding.
These definitions will try to make you understand how you can get into this world without missing a single thing.
If you are new in the world of trading, it´s important to be patient and to understand that the success needs time and dedication. Remember that you will put your money on it.
So, FXPro and its leverage it is perfect for you if you are starting in this business, remember that it requires time and effort. Try not to make some of the constant mistakes of the trading beginners, like trading in multiple markets.