What leverage does OnEquity offer?
OnEquity offers different leverage levels depending on the asset class. For forex, leverage can go up to 1:500, which is great for traders like me who want to amplify their potential returns. However, I always make sure to use leverage responsibly, as it can amplify losses as well as profits. For metals and commodities, leverage is up to 1:400, while indices have a leverage of up to 1:200. For cryptocurrency CFDs, leverage is more conservative at 1:20 due to the higher volatility of digital assets. Personally, I prefer using lower leverage when trading volatile assets like cryptocurrencies, but for more stable assets like forex, I’m comfortable using higher leverage. OnEquity account types provide a range of leverage options that fit different trading styles.