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Forex question What is leverage and how does it affect my account?
avatar Catkathy
Question by: Joseph - 25 Feb 2016, 09:36:20
What is leverage and how does it affect my account?
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Answers (1)
avatar user 8671
Answer by: Henry - 25 Feb 2016, 09:57:03

“Leverage” was coined because using leverage allowed you to trade with more than you have. Leverage allows you to do this by reducing the amount of margin required for each position opened.

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