I have a $300 forex account and I'm wondering what lot size would be suitable for it. I want to make sure I'm not overexposing myself to risk but also want to trade effectively with this account size.
7 answers
Andrea
Sat Nov 16 2024
A mini lot account necessitates a minimum deposit of $301.
Federico
Fri Nov 15 2024
Leverage allows traders to amplify their potential profits, but it also increases risk.
GinsengBoostPower
Fri Nov 15 2024
The optimal leverage ratio for this type of account stands at 1:201.
SsangyongSpirited
Fri Nov 15 2024
With this leverage, traders have access to $60,000 worth of trading capital.