what is leverage??
March 28, 2024
Leverage is a powerful tool that empowers traders to borrow more credit from the broker, enabling them to trade in higher volumes and potentially increase their profits.
For example, if you use up to 100 leverage and the price of 1 lot of molten gold (1 kg) is 1 billion IRT, you can trade 1 lot of molten gold by paying only 10 million IRT. (collateral = leverage / actual price)
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