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1000 dollars can be used to speculate in foreign exchange? Is the default lever 100 times?
1000 dollars can be used to speculate in foreign exchange.

Different platforms have different regulations on leverage. But customers can apply for leverage according to their own situation.

The leverage of 100 times and the capital of 1000 dollars cannot be done in one hand. You can consider doing 0. 1 hand.

In this case, if you do 0. 1 lot, the account can probably resist the loss of 800 points.

According to the profit-loss ratio, it is ok for the landlord to set stop loss and take profit.

But in practice, the problem is much more complicated than this.

It is recommended to do a simulation for a period of time before entering the market to fully understand the complexity and variability of this market.