. Transaction costs

Transaction costs
The more your leverage, the more your transaction cost as a percentage of your balance.
If you have a mini account, and open a trade with a 5 pip spread, which equals $5 transaction cost, look at how the relative value of your transaction costs increases with more leverage.Now that you’ve learned how leverage can enlarge your profits and losses, and also your transaction costs. Leverage doesn’t equal margin. How many times you can lever your account is the Leverage. How maximum you are allowed to lever is totally depending on your margin requirement
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