AMarkets, an international broker providing access to financial markets, has increased the maximum leverage on major currency pairs to 1:3000.
The change came into effect on all Accounts as of August, 2022 and is a result of the continuing development of relationships with liquidity providers.
What Is Leverage?
Leverage is essentially using borrowed money to increase your exposure in the market. For example, if you have a $1,000 account and you use 100:1 leverage, you can trade $100,000 worth of currency. The key benefit of leveraging is that it allows you to make a larger profit from a small move in the market than you would if you were trading with your own capital.
Why Does AMarkets Offer the Highest Leverage?
The advantage of high leverage is that it allows traders to make impressive profits from relatively small movements in the market. However, it’s important to remember that high leverage also comes with high risk. If the market moves against you, your losses will be magnified, and you could end up losing all of your capital.
That’s why it’s so important to use stop-loss orders when trading with high leverage. A stop-loss order is an order that automatically closes your trade at a predetermined price level if the market moves against you. This will help you limit your losses and protect your capital.
If you’re looking for a broker that offers high leverage, AMarkets is a great choice. Just remember that with high leverage comes high risk, so be sure to use stop-loss orders to protect your capital.