What Leverage Is Appropriate For Forex? You've probably heard about the generous leverage Forex allows..and how it more often than not ends up being a double edged sword for new traders. Brokers in the USA offer up to 50:1 leverage, while other countries can offer up to 1000:1.
For most traders they will not need to use more than 20:1 leverage, but in some situations more leverage can come in handy. For example, with the current SNB floor heavy leverage may be a good take right now for the EURCHF.
With proper money management on a decent sized account 10:1 is a good leverage level to use for day and swing trading. Keep in mind the more leverage you use the more you give away to commissions.