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Emanuel W.

Contributor Level

Total Points
80

1 Review by Emanuel

  • AAFX Trading

5/12/21

Their 1:2000 was the main reason why I decided to join this brokerage company. Earlier 1:500 was the highest leverage I worked with and in most cases it suited me. For example, with a depo of $700-800, I was used to trading 0,4 lots on USD/CHF and the profitability more than suited me, although it's recommended to have a larger depo for such lots. I repeat once again it was 1:500.
The very possibility to trade with 1:2000 intrigued me, although I also realize how dangerous it could be. I opened a demo account with this broker and tested currency trading with 1:2000. It turned out that with this leverage I can work with 0,1 and smaller lots. I thought that I could increase my depo to $1500 and start trading EUR/USD and USD/CHF using 0,1 lots. These pairs go in the opposite direction.
I opened a real Fixed account with this broker and tried my idea and it worked. I'm satisfied with their execution. I think in the future I will try 0,4-0,5 lots on my favorite pairs, but I also realize that I need a depo of $2000 to feel secure, but I think it will come true soon.

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