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Browse the categories below to find what you need.
What is a market order?
What is a pending order?
What is the difference between market and pending orders?
What is a limit order?
What is a stop order?
What is a stop-loss order?
What is a take-profit order?
What is a trailing stop and how does it work?
How do stop-loss and take-profit orders work?
Can I modify or cancel an order after placing it?
How do I place a trade on MT4 or MT5?
How do I close a trade on MT4 or MT5?
Can I close a trade manually?
How do I modify an open position?
What happens when I close a trade?
Can I partially close a trade on MT4 or MT5?
Why was my trade closed automatically?
What is leverage in trading?
What does unlimited leverage mean?
Unlimited leverage allows you to trade lot sizes much larger than the funds in your trading account, significantly increasing your buying power and your potential profits (or losses). For instance:
- If you have $1,000 in your account, using 1:200 leverage, you can trade lot sizes worth up to $200,000, or approximately $20 per pip.
- With unlimited leverage, you could trade lot sizes that your account's equity can support. For example, with $500 in your account, you could trade up to $500 per pip or lot sizes worth $5,000,000. Please note that spreads and commissions have not been taken into account for this example. This example is for illustration purposes only to demonstrate how unlimited leverage works..
However, it’s important to note that unlimited leverage is only available for accounts with balances below $1,000. Accounts with a balance of $1000 or more have leverage restrictions. Check the terms and conditions, learn more here:
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