Can I use leverage with IQM CAPITAL?
IQM CAPITAL offers leverage up to 1:500, which is significantly higher than most brokers. While this can provide a major advantage for traders seeking larger positions, it also increases the potential for larger losses. Personally, I would be cautious about using such high leverage unless I had a solid understanding of risk management strategies. High leverage can lead to quick profits, but it can also quickly erase gains if the market moves against you. Traders need to be disciplined and have a strategy in place that includes stops and limits to avoid catastrophic losses. In my view, leverage should be used with caution, especially for those who are less experienced or don’t fully understand the risks associated with it.