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Do not deposit large amount.


Gee Dee

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It's true that you should be mindful about how much money to deposit to one broker, but the reason is not just the leverage. In terms of risk management, you are better off depositing a bigger amount and trading with a smaller leverage than vice versa, because leverage can really magnify your losses. Plus there are regulatory limits to how much leverage brokers can offer.

That said, if you have a lot of capital you are better off with distributing it over several accounts so that you don't lose everything if something happens to one broker.

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If this is your first deposit, then keep it as low as possible. Almost all newbies lose their first deposit. And as for me, the minimum deposit is $ 100 like Amarkets, a suitable option. In addition, now your goal is not to get profit from trading, but to try your hand.

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