How can you change leverage on the MT4 platform?
Leverage is a tool that allows traders to borrow money to trade with larger sums. It's essentially borrowing money from your broker or their liquidity provider to trade with (most likely banks). A trader with 100:1 leverage can trade with 100 times more money than he really possesses. In other words, for every dollar he possesses, he may establish a $100 stake. Leverage may be used for good or harmful, depending on how you choose to use it. Leverage as a trader may be reduced to 1:20 or even 1:10 if you don't want to incur risks. Some brokers will let you go as high as 1:500 if you're willing to take higher risks and can tolerate bigger losses. Leverage might be as high as 1:200. There is a direct correlation between the amount of leverage you have and the amount of risk you are willing to accept. Let's now see how we might alter leverage on MetaTrader 4 . Changing MetaTrader4's leverage Account leverage for an existing account cannot be altered ...