How much money can i control with 200 euro/pound/dollar etc.

[gnr2206]

Im just curious about one thing. How much can i control from 200 euro in my oanda account if ive got a leverage ratio of 10:1/20:1/30:1 etc.

Does it mean that if i have 200 euro, with a leverage ratio of 10:1 i can control an account worth 2000 euro?

Please let me know,thanks!

 

[plamar]

yes, depending of what you mean under "control"

 

[gnr2206]

yes, depending of what you mean under "control"

well if had 200 euro does that mean i can control 2000 units (2000 euro)?

 

[trader_dante]

If you have £200 with E*Trade you can buy/sell just under £70,000 worth of Euros.

 

[gnr2206]

If you have £200 with E*Trade you can buy/sell just under £70,000 worth of Euros.

thats an excessive amount ha