Since I don't have a big deposit, I have to trade with a big leverage, 200:1, but risks are quite high in this case, so, if you're not limited in your budget, it's better to choose a smaller leverage.
We trade quite conservatively on long time frames looking for larger pips gains, so leverage of 20:1 generally suits. If we are expecting volatility and looking for a quick trade we will increase to 100:1.
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