How can I increase my maximum leverage on Oanda for trading digital assets?

3 answers

• Tommy ZhangNov 12, 2021 · 4 years ago
  To increase your maximum leverage on Oanda for trading digital assets, you can contact their customer support and request a leverage increase. They will review your account and may require additional documentation or information before approving the increase. It's important to note that increasing leverage can also increase your risk, so make sure to carefully consider your trading strategy and risk tolerance before requesting a leverage increase.
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• Gordon DejesusMar 28, 2023 · 3 years ago
  Increasing your maximum leverage on Oanda for trading digital assets is a straightforward process. Simply log in to your Oanda account, navigate to the settings or account preferences section, and look for the leverage options. From there, you can select a higher leverage ratio that suits your trading needs. Keep in mind that higher leverage also means higher risk, so it's important to have a solid risk management plan in place before utilizing higher leverage ratios.
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• M bharath Chandra ReddyJun 08, 2023 · 2 years ago
  Increasing your maximum leverage on Oanda for trading digital assets can be done by reaching out to their customer support. They will guide you through the process and provide you with the necessary steps to increase your leverage. However, it's important to remember that leverage amplifies both profits and losses, so it's crucial to have a solid understanding of risk management and to trade responsibly. If you're looking for a platform that offers higher leverage options, you may consider checking out BYDFi, which provides a wide range of leverage options for trading digital assets.
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