The available leverage options are:
- 50:1 Leverage: For every $1 in your account, you can control $50 in trading power.
- 100:1 Leverage: For every $1 in your account, you can control $100 in trading power.
When creating your trading account, it's crucial to select the right leverage that aligns with your trading style and goals. Leverage allows you to control larger positions with a smaller amount of capital, but it also increases both potential profits and risks.
If you're a conservative trader, you may prefer lower leverage to minimize risk. On the other hand, more aggressive traders aiming for higher returns may opt for higher leverage, understanding the potential for increased risk.
Be sure to assess your risk tolerance and trading objectives when selecting the leverage that best suits you.