In the examples below, you can see very clearly that leverage allows you more purchasing power and therefore more potential profit. But don't forget that this also applies to losses!
EXAMPLES
- MAJORFOREX PAIRSFixed Leverage 1:30Consider a EUR account with 1 buy (or sell) lot on EURUSD.1 lot * 100,000 / 30 (leverage) = 3,333.33 EUR
- MINORFOREX PAIRSFixed Leverage 1:20Consider a USD account with 2 buy (or sell) lots on USDHUF.2*100,000 / 20 (leverage) = 10,000 USD