Now it’s your turn. At this point of the course we have set a task to reinforce what we’ve shown you. This task will require you to use a trading account to carry out the exercise. You can set up a free practice trading account here.
Goal: To work out the leverage you’re trading with.
Exercise: Using the information given in your trading account calculate the leverage of a EUR/USD trade. Calculate this on a per trade basis and not account wide.
Difficulty: 3/3
Time to complete: 30 minutes
Solution….don’t press play until you’ve done your bit: