Leverage
Because of Leverage, you can easily trade using a low margins.
How'd to calculate the Leverage ?
At first we need to know the size contract of 1 lot.
Normally the Contract Size of 1 lot is 100.000 units
So basicly if we want to trade 1 lot in the market, we need at least $100.000 in our account to trade 1 lot.
But because of Leverage, we can trade by only using a specific margin based on the Leverage.
in Maxco, we are using 1:500 Leverage which means that we only need $200 in our account to trade 1 lot in the market. Calculation comes from $100.000 / 500 = $200
High Leverage means that we can trade more positions because the margin required is low. But just be wise on your trade because Leverage is like a Double Edged Sword ! You either can win more or lose more in the market
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