hello Good People. Hope everyone is enjoying themselves in the market. I have a simple question, Is there a reason why we cannot choose our own leverage per instrument per trade on the CFD account? The same way you can do so on eToro by just sliding up or down the scale (x2, x5, x10). Some instruments would be nice to trade with 20x and others with 5x.
Is there a reason this feature is not on Trading212?
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For retail customers, the maximum leverage a broker can offer is 1:5 for stocks and 1:20 for commodities and indexes.
If you would like to reduce your risk, you can decide how many shares you want rather than how much you want to pay.
hey Alien, Are you aware of the feature I am referring to from eToro? .
Unfortunately reducing the amount of units to trade is not always possible as some instruments have high Minimum Trade quantity. To toggle the leverage up or down would be more beneficial than changing the units traded.
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Iām not aware of that feature on e Toro or how easy to implement. But Iām sure the maximum leverage cannot be exceeded.
I do not wish to exceed the regulatory limit. Rather have a range from the minimum to the maximum. On etoro you have the option of 1x, 2x and 5x leverage for stocks and 1x, 5x, 10x and 20x for other instruments. This gives the trader more ability to control risk. I am even able to short the stock on 1:1 leverage which is great for benefiting on just a price decrease without increasing risk via leverage
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I love Trading212 and prefer it to eToro, because T212 has better features, a better platform and is from the UK, plus does not have crazy fees like eToro, but the margin control feature is very nice
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