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I have a lot of trading experience and I understand well what is the difference between financial instruments.
My account is with this broker for several reasons. And of course one of them is 1:500 leverage for trading cryptocurrencies.
To be honest, I know few brokerage companies that can provide the same amount of leverage.
Yes, the greater leverage, the greater risks. But I'm sure that risks are not signficant if you trade correctly.
Crypto trading has special features. For example, it should be taken into account that trading of this asset continues on weekends. And moreover, you need to be careful on weekends.
Because some assets, such as bitcoin, has high volatility over weekend some times.
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I'm not ashamed to admit that I started learning basics and features of trading again. In...
Hi Caio S,
It sounds like you have a solid understanding of trading and are making informed decisions with your broker choice. Thank you for sharing your insights and experiences! If you ever have any questions or need assistance, feel free to reach out. Happy trading with XM! 💪🤖
XM Team 🚀
BIG. FAIR. HUMAN.