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Should Forex Beginners Take the Risk of High Leverage?

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Higher leverage is one of the things which makes the foreign exchange market more attractive. Even when this market is compared with stock exchange, the traders can expect a higher leverage in forex. While trading with the help of high leverage, beginners often wonder whether they should use it. As per the forex professional, Brendon Yong , leverage or borrowed capital can work like a sword with double edges at times. When a forex trading beginner has understood the concept of this sword, it will be clear whether or not it should be used. Understanding the Risk of High Leverage for Forex Beginners   Forex beginners may know that leverage is basically the funds borrowed for levelling up the trading position. However, not every forex beginner may understand that using leverage isn't always simple. When the concept of using it is not clear, opting for high leverage will be a big risk. Brendon Yong believes that when the amount of borrowed capitals is increased, the risk of trad