Hi guys, yes another Leverage thread, I have read everything I can on it, but I think I understand it correctly, correct me if I'm wrong
Here it is : I swing trade Gold, use position sizing, risking 1% of capital per trade. So leverage does not change anything on what I loose/gain on any trade.
Now I have a bigger amount to trade, 50k euros.
I hesitate between this two broker :
I have XM with 1:500 leverage with 35/40 pips spread
and
FxPro UK with 1:22 leverage with 25 pips spread
They both reliable, regulated broker, the only difference is FxPro will need 6k of position margin to trade 1 lot XM will need ~250
But its not really important right, cause 1% risk is 1% risk, right ?
I dont plan to have many trade open at the same time, So I should go, if all else equal (fees, easy of withdrawal...) with the lowest spread ?
Thanx !
Here it is : I swing trade Gold, use position sizing, risking 1% of capital per trade. So leverage does not change anything on what I loose/gain on any trade.
Now I have a bigger amount to trade, 50k euros.
I hesitate between this two broker :
I have XM with 1:500 leverage with 35/40 pips spread
and
FxPro UK with 1:22 leverage with 25 pips spread
They both reliable, regulated broker, the only difference is FxPro will need 6k of position margin to trade 1 lot XM will need ~250
But its not really important right, cause 1% risk is 1% risk, right ?
I dont plan to have many trade open at the same time, So I should go, if all else equal (fees, easy of withdrawal...) with the lowest spread ?
Thanx !