Can I use leverage when trading digital currencies on IG Indices?

3 answers

• Ali MkunaMay 09, 2022 · 4 years ago
  Yes, you can use leverage when trading digital currencies on IG Indices. Leverage allows you to amplify your potential profits by borrowing funds to increase your trading position. However, it's important to note that leverage also increases your potential losses. Make sure to carefully manage your risk and only use leverage if you fully understand how it works.
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• LARA 31129Jun 11, 2024 · a year ago
  Absolutely! Leverage is a common feature offered by many trading platforms, including IG Indices. It allows you to control a larger position with a smaller amount of capital. This can be beneficial as it enables you to potentially make larger profits. However, it's crucial to remember that leverage can also magnify your losses. Therefore, it's essential to have a solid risk management strategy in place before using leverage.
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• billFeb 07, 2022 · 4 years ago
  Yes, you can use leverage when trading digital currencies on IG Indices. With leverage, you can open larger positions than your account balance would typically allow. This can be advantageous as it allows you to potentially generate higher returns. However, it's important to be cautious when using leverage, as it also increases the risk of significant losses. It's recommended to start with a small leverage ratio and gradually increase it as you gain experience and confidence in your trading abilities. Remember to always assess your risk tolerance and set appropriate stop-loss orders to protect your capital.
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