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Old 11-11-2006, 06:32 AM
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can anyone help me with leverage?

i am new to trading.. i have been using demo for a awhile.. and have made a system..

i wanna open an account? in NF but i do not understand, how much leverage should i get?

is leverage changeable? in NF
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Old 11-11-2006, 06:49 PM
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Quote:
Originally Posted by antone
i am new to trading.. i have been using demo for a awhile.. and have made a system..

i wanna open an account? in NF but i do not understand, how much leverage should i get?

is leverage changeable? in NF
If you feel that you have been using a demo long enough, and you have a good system, go ahead and open an account! Leverage is up to you, but for a beginner i wouldn't go higher than 200:1 on a MINI account... but thats me, maybe you feel your system is a 'guaranteed' winner? And to answer the question if leverage is changeable, i believe it is, but ask them first to make sure... Infact ask FXCleaner he loves NF, he should be able to answer that last one.
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Old 11-11-2006, 09:19 PM
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The leverage is changeable at NF. You can even change it after you open the account if you wish. 1:200 is a good starting point for a beginner.

The thing you really should be worrying about is your starting capital. If you are thinking anything less than US$2000 is ok on NF, maybe you should be thinking of using InterbankFX so you can use micro lots instead. Having said that, the margin requirement is very generous on NF and a trade that might lead to a margin call on ibfx, wouldn't on NF. They just let you go until you totally wipe out the account
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