zack18 
1-2 years
What is the maximum leverage offered by Monaxa?
Broker Issues
Instruments
Platform
Account
Leverage
05-23
United States
WikiFX
Reply
Monaxa offers an extremely high leverage of up to 1:4000, which is significantly higher than what many other brokers provide. While this can be great for maximizing potential profits, I’d also be cautious because the higher the leverage, the higher the risk of losing significant amounts quickly. For anyone using Monaxa FX, I would recommend starting with lower leverage and only increasing it as you become more comfortable and experienced.
Similar Questions
Does MGK International offer a demo account?
tabawan_dreamer 
07-27
What trading instruments are available on Bovei?
zack18 
07-13
Does Point72 offer a swap-free (Islamic) account option for its traders?
Imranali Khatri 
08-25
What is the maximum leverage at Bazaar FX?
Darren Ross 
07-28
What account types does Eightcap offer?
edgeisedge 
07-01