CFD broker leverage
CFD brokers allow you to trade on leverage which means that you can open a position larger than your account size would allow without it. With an account balance of just $100, you could open a position of $1,000 using 1:10 leverage. Whilst leverage can increase profits, it also increases risk and can lead to large losses. It is of upmost importance that that you have a thorough understanding of what leverage is and the risks involved before you start trading CFDs. Check the broker offers a leverage that you require for your trading strategies.