Ultimate Traders
Questions & Answers

Is the leverage size offered by this company enough to trade profitably?

Asked by Kenyatta N. on 1/15/2024

3 Answers
Jagat S.6/24/2024

I think the leverage is more than enough to make profits. Also, some more conservative traders might find it even higher than needed. 100x leverage of forex is more than you need to trade profitably, while 3x leverage on cryptocurrencies is probably the safest way to trade crypto. 10x on commodities and indices is the most reasonable ratio.

So, yeah... I am satisfied with the leverage and think it is enough to make decent profits.
Samuel A.6/13/2024

You mean 1:100? Yeah, more than enough, I would say the majority of traders don't use bigger leverage. If you opt for Speedy challenge then as far as I remember the leverage even gets restricted by 1:30, cuz speedy challenge is faster and there is no much time to adjust the leverage size.
In general, I should say that it's a cool size to trade profitably, but remember that profits don't primarily depend on which leverage you choose.
julian m.1/18/2024

Yes, brother is quite enough.
To be honest, I don't think there can be any problems with trading conditions and tools provided by this company.
In fact, conditions I got here are almost the same as the broker I traded with before. Therefore, I didn't have to change trading strategy that I used in trading.
Also, if this leverage that Ultimate Traders offers you is not enough or too big for you, you can always change the lot size in order to customize your trading strategy. I don't think there will be any problems with that. And if this leverage seems small to you, I will remind you that you will be trading very large amounts, so this is for the safety of your deposit.
Oh, I forgot! The leverage here is 1:100.

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