Hello everybody,

Im a complete noob when it comes to leverage and margin.

So ive opened a $50,000 demo fxcm and i will like to know if its possible to do the following ;

lets say i want to trade a risky 10 pips grid martingale and would like to risk $1000 in first trade ($100 a pip) how many martingale steps (1-2-4-8-16-32...)can the max leverage of fxcm allows me to go ?Does fxcm allows enough leverage to go 5 steps, meaning risking $16000 in the 5th trade having already lost the first 4 trades ( -$15000) ?

I hope i make sense.Thanks.

Im a complete noob when it comes to leverage and margin.

So ive opened a $50,000 demo fxcm and i will like to know if its possible to do the following ;

lets say i want to trade a risky 10 pips grid martingale and would like to risk $1000 in first trade ($100 a pip) how many martingale steps (1-2-4-8-16-32...)can the max leverage of fxcm allows me to go ?Does fxcm allows enough leverage to go 5 steps, meaning risking $16000 in the 5th trade having already lost the first 4 trades ( -$15000) ?

I hope i make sense.Thanks.