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Tag: How To Use Leverage To Maximize Your Forex Trading Profits

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Business, Investing, Making Money

How To Use Leverage To Maximize Your Forex Trading Profits

mastersofmoney / August 11, 2019

When you execute a Forex trade, you are purchasing an amount of currency called “a lot”. The amount of currency in 1 lot depends upon the type of account you have. In a standard account, 1 lot is usually equal to U.S. $100,000. In a mini account 1 lot is $10,000. Forex trading accounts are leveraged, which means you don’t…

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