Are you looking for the best forex brokers to trade forex. We have written informative reviews on the most recommended forex brokers and their platforms. A lot of new forex traders always ask the questions what is the best forex broker? Which forex brokers can I trust? Where can I trade forex? Our aim is to provide new forex traders with answers and information through our informative and accurate reviews on what we find to be the best Forex trading platforms. The Forex Reviewer has a team of three professional Forex traders who have made money and lost money through using over 100 different forex brokers. We have compiled reviews on what we believe to be the best forex brokers and their trading platforms. We have written our reviews so that you dont make the same mistakes as thousands of people who get taken in by scam forex sites.

What Is Forex Leverage?

What Is Forex Leverage?


The leverage in forex is very easy to understand. It is the amount of money that you are allowed to borrow from the forex broker. For example when you buy stocks in the stock market you will be required to buy about 100 shares. Lets say that each share costs $10, that means that you would be required to pay $1000. If your stock broker gave you a 50% leverage you would then only be required to pay $500. This is to help traders buy more shares with less money. Then the stock broker would charge you an interest rate on the money that you had borrowed from them.

In Forex however the leverage is a lot higher as the standard amount of money invested int forex is a lot higher. Brokers often offer leverages of up to 400:1. On a leverage of 400:1  for an initial deposit of $250 you would end up with $100,000 to trade with. The big difference between forex trading, and stock trading is the fact that a forex broker will not charge you an interest rate on the money you have borrowed.


Best Forex Brokers

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