Adjustable Leverage?
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Thread: Adjustable Leverage?

  1. #1
    Hello!

    I'm about to start a micro ($3k) account with EFX Group, but I have only found out, the only leverage I can trade is 100:1. And it is fixed.

    I'm new to all of this, but I'm wondering, if all (or most) brokers inflict a predetermined leverage, or do they allow you to adjust the leverage for every trade separately?

    That I was not intending to use a greater leverage than 10:1, but the service man at EFX told me, that if I don't enjoy the 100:1 leverage, I could trade a smaller position.

    Thus, if I would trade with a more compact place, could I fix it so it would be exactly the same like I would trade with a 5:1 leverage, instead of 100:1?

    Any help would be much appreciated.

  2. #2
    Quote Originally Posted by ;
    Yes. If, lets say, your highest possible position size with 100:1 leverage is 10 lots, than all you need to do is to trade 20 times smaller position, which is 10/20= 0.5 lots and you will have precisely 5:1 leverage.
    Hope that this helps
    Thank you! I was confused, because if I remember right, I believe I have demoed a broker once, who had been offering a custom leverage from a drop down menu from their trading platform. But because it's exactly the same if I do the calculation manually, this is not a stress anymore. Thank you again.

  3. #3
    Adjusting position to provide similar impact as adjusting leverage may works very well, however, the margin may differ somewhat, please read the word and count wisely,
    you will not be worried about it if you exchange small lot however.

  4. #4
    Quote Originally Posted by ;
    adjusting position to provide similar impact as adjusting leverage may works really nicely, but the margin might differ a little, please browse the term and rely wisely,
    you won't worry about it should you trade little lot however.
    Thanks. What would you advoe? To find a broker, who offers adjustable leverageto calculate the position size manually?

  5. #5
    In case you have not taken the chance to read the post titled:
    Advice For Beginners, labeled as a Sticky towards the very top of the Beginner forum you should do so.
    It answers these and other questions concerning leverage and basic MM.

  6. #6
    Quote Originally Posted by ;
    in case you haven't taken the opportunity to read the article titled:
    Advice For Beginners, labeled as a Sticky towards the very top of this Beginner forum you should do so.
    It answers these and other questions concerning leverage and fundamental MM.
    Hi mrgreen and thanks to the suggestion.

    I did read the entire thread, along with the money management rules (that was very helpful).

    But, if we utilize DrainDamage's example, I want to perform the calculations (which does not disturb me at all) along with the novice manual says that:

    FIRST Determine your stop in pips,
    SECOND determine your position size according to percent risk and
    THIRD determine what your resulting leverage is. If the consequent leverage is too large, then decrease your percent risk for the given stop size.

    I guess what I want to know is, if there are some brokers, who would allow me to choose the resultant leverage by clicking and choosing the leverage I'd need. If the leverage I want is 5:1, I would simply opt for the 5:1 option.

    But if this isn't how it works and everyone needs to calculate its leverage and also the number of lots manually, compared to OK, I do not mind it.

    I apologize in advance, if my questions are too n00bish, but that is something I truly don't understand (yet).

  7. #7
    Quote Originally Posted by ;
    Hi mrgreen and thanks to the suggestion.

    I guess what I would like to know is, if there are some brokers, who'd allow me to choose the resultant leverage by clicking and choosing the leverage I'd desire. If the leverage I need is 5:1, I would simply opt for the 5:1 alternative.

    But if this isn't how it works and everyone should compute its leverage and the amount of lots manually, than OK, I don't mind it.

    I apologize beforehand, if my questions are too n00bish, but this is something I really don't know (yet).
    Well, may be you need to visit Oanda then. There, in preferences, you can set order size as a percentage of maximum quantity. So, in case you've leverage 1:50, you can set order size as 10% and your successful leverage will automatically be 1:5.

    But the easiest solution will be to produce an Excel table which calculates you rank size according to you risk profile and account size. So you input there your account size, your stop loss in pips, and quantity you would like to risk (2% or watever you like) and it provides you your position size. Really easy.

  8. #8
    Quote Originally Posted by ;
    Well, may be you need to go to Oanda then. There, in preferences, you may set order size for a percentage of maximum quantity. Consequently, in case you have leverage 1:50, you may set order dimensions as 10% and your successful leverage will automatically be 1:5.

    However, the easiest solution will be to produce an Excel table that calculates you position size based on you risk profile and account size. So you input there your account dimensions, your stop loss in pips, and quantity you want to risk (2 percent or watever you prefer ) and it provides you your position dimensions. Very easy.
    I will get it done via Excel then. Thanks to everybody for helping me !

  9. #9
    Here's a spreadsheet I posted sometime back. There's a problem w/it in that if your acct is not USD then the calculations are wrong.
    Maybe a knowledgable person can modify to accept almost any acct denomination.
    https://www.forexsoutheast.asia/cryp...2-ea-pair.html

  10. #10
    Quote Originally Posted by ;
    This is a spreadsheet I posted sometime back. There's a problem w/it in that in case your acct isn't USD then the calculations are mistaken.
    Perhaps a knowledgable person can modify to take any acct denomination.
    Https://www.forexsoutheast.asia/fore...ogramming.html
    Thanks, this seems useful! I will not possess a MT4 platform, but I'll try replie the spreadsheet anyway.

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