Global Broker Regulation Inquiry App
WikiFX
Elio Matacena 
1-2 years
What leverage does SimpleFX offer?
Broker Issues
Platform
Account
Instruments
Leverage
08-13
United States
WikiFX
Reply
SimpleFX offers up to 1:1000 leverage, which is incredibly high. This kind of leverage can be appealing for traders who want to maximize their profits, but for me, it’s important to remember that higher leverage also comes with higher risk. If I’m not careful, I could end up losing more than my initial deposit. I tend to avoid using the full 1:1000 leverage and prefer to keep it lower until I become more comfortable with the platform. It's definitely a tool that can work in my favor, but it’s something I would approach with caution.
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