Hugo's Way Help: What is Leverage?
Modified on: Mon, 06 Apr, 2020 at 12:00
Leverage means you can trade a larger amount in the market using a smaller amount of your own money. The level of leverage you choose depends on how much risk you’re comfortable taking - higher leverage can increase both profits and losses.
If you’re unsure what to choose, it’s a good idea to speak with a mentor or do some research online to better understand how it works. Keep in mind that leverage can vary depending on the asset or currency pair you’re trading.
Click here for - Leverage offered by Hugo's Way