Calculate Leverage Examples
How XAUUSD Leverage Increases Gold Profits & Loses?
If you have a 1,000 dollar gold trading account with gold leverage 100:1 you can buy upto a maximum trading contracts lots which are equal to $100,000 Gold contract lots
If you have a 1,000 dollar gold trading account with gold trading leverage 100:1 you can buy Gold contract lot which are equivalent to $100,000 dollars
If you have a 1,000 dollar gold trading account with gold trading leverage 50:1 you can buy Gold contract lots which are equivalent to $50,000 dollars
If you have a 1,000 dollar gold trading account with gold trading leverage 20:1 you can buy Gold contract lots that are equal to $20,000 dollars
From the above Leverage for New Traders example you can see that the more gold trading leverage that you use the more the profit or loss and the less leverage you use the lesser the profit or losses.
It's therefore better to use less gold trading leverage in order to minimize the risks involved. The greater the leverage option used the greater the risks. This is one of the trading leverage guide-lines not to trade with more than 5:1 trading leverage.
In gold trading leverage guide-lines: It is advisable to keep below 10:1 leverage which's also still high, most professional money managers use 2:1 meaning they trade only two lots for every $100,000 in their xauusd account.
How to Change XAUUSD Leverage in Meta Trader 4 Platform
How to Change Leverage in MetaTrader 4 - To change gold trading leverage that you are using on your MT4 platform you'll have to go to your Secure My-Account area on your gold broker website, log in to this My Account Area & after login in go to change leverage option for your MetaTrader 4 account - then choose new xauusd leverage you as a trader want for your trading account and then confirm the new xauusd leverage option and your xauusd leverage will be changed to the new gold leverage option which you have just chosen.
Learn More Tutorials & Lessons:
- When Does XAU USD Market Open & Close?
- How to Change XAU USD Leverage in MT4 Software
- Upward Gold Trend-line Bounce Example & Downwards Gold Trend-line Bounce Example
- How Can I Set Trade Pending Gold Orders in MetaTrader 5?
- How to Set a Pending Gold Order on MetaTrader 5
- XAU USD Indicators List on Gold Charts Menu on MT4 Software
- Aroon Oscillator Gold Indicator Technical Analysis
- How to Register Real Account XAUUSD