One of the best features of the SimpleFX trading and investing app is the adjustable leverage. You can trade stocks, cryptocurrencies, forex, and commodities anywhere in the world, any way you want. From no leverage, where $1 = $1, to 1000x leverage, where you get $1000 for $1 of your deposit.
Since 2014 we’ve been offering maximum leverage of 1:500. Still, now we have decided to double it, as many users said they want an opportunity to take more prominent positions on the market without putting more money at risk.
The 1000x leverage is available for some assets only and accounts with up to $1,000 depo (or equivalent in other currency). The latter is for your safety, as trading with the highest leverage increases the risk of loss. Fortunately, SimpleFX includes stop-loss and negative balance protection features.
Back to the point. The highest leverage available on SimpleFX means that with a $1,000 deposit, you can invest $1,000,000. Yes, one million dollars.
That’s crazy. Go to SimpleFX now and give the new leverage a try. You can trade with 60 different currencies, and for each new account, you get a chance to collect a $2,500 first deposit bonus.
Trading with high leverage is a great way to maximize your profit. On the one hand, if you believe in your strategy, you can go all-in with high leverage. There’s a risk that if the price goes against you even slightly, you can get quickly knocked out of your position, but if you’re right, you can multiply your gains by 1000x.
If you are a long-term cryptocurrency holder or own stocks of companies available on SimpleFX, you can hedge against undesirable events with smart margin trading.
Many bitcoiners suffered recently as the price of BTCUSD went down from $50,000 to $30,000. Some decided to sell high, but the true believers kept their stash in their wallets. Moving large amounts of crypto into an exchange is a problem.
That wasn’t necessary a few years ago. Cryptocurrency holders who want to keep their privacy but protect their savings from the price volatility may consider investing just a small fraction of their capital aggressively in margin trading.
SimpleFX’s 1:1000 maximum leverage is a feature introduced especially for this customer. We’d recommend using it with just a fraction of your portfolio. And always open leveraged orders with the money you can afford to lose.
We are going through historic times in the stock, crypto, and commodity markets. The prices go up and down every day. Bulls are trying to buy low bitcoin or Tesla stocks at a discount, while bears stay bears shorting the high-risk assets.
Make sure to make the most of it, and don’t sleep on this unique opportunity. Go to SimpleFX and trade with the leverage that suits your strategy best!