How much leverage is safe for traders?

[boldprime]

i think 1:500 its save to trader even as a newbee

 

[Elijah_0]

1:100 leverage can be safer for traders compared to higher levels, which can be riskier. Standard accounts often involve higher leverage, increasing risk. It's crucial to choose leverage that matches your risk tolerance and trading strategy.

 

[sunar14]

1:50 or 1:100 is best in my view because it offer great trade off between risk that you can take and possibility that your trading may turn into gambling

 

[RainbowRain]

i think 1:500 its save to trader even as a newbee

With such a large leverage, a beginner will most likely quickly drain his deposit, how to save it or earn something, without having good trading skills.