Leverage

I know that it is cool when the XM broker provides a high leverage up to 1:1000 but even though many people call me an experienced trader I have never used such leverage in my trading career. Usually I use 1:20 leverage and on rare occasions I use leverage up to 1:50. So I don’t think it is necessary to use max leverage on the forex market otherwise you can lose all your deposit. 🙂🙂