Leverage is the mechanism with which traders can use to raise their profits and allow for smaller amounts of capital to trade the retail forex financial instrument. With the right amount of leverage, traders are able to trade visible lot sizes even with a much smaller amount of capital. Of course, the right leverage to use is hugely dependent on the strategy which the trader chooses to employ. Please bear in mind that all investments carry risk and only when used wisely will leverage prove to be a useful tool.
In order to protect both the traders and the brokerage from over-exposure of risk, Sainmaco has taken the effort to devise a precise leverage tier based on the account type of the client and the capital he or she has chosen to put up with Sainmaco. Please refer to the chart below for a detailed breakdown of the leverage structure
|Account Type||Account Balance (USD)||Leverage Given|
|Standard||10 – 4, 999||1:500|
|Standard||5000 – 49,999||1: 200|
|Standard||50,000 and above||1 : 100|
|Copy-Trading Account||All Account Balances||1 : 100|