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Correction on Forex Topic:
Leverage is the use of borrowed funds to increase one's trading position beyond what would be available from their cash balance alone. ... Forex traders often use leverage to profit from relatively small price changes in currency pairs. Leverage, however, can amplify both profits as well as losses.

For example, you have 100$ and you don't use any leverage, You bet 100$ in trading. if you lose 1% = 1$, your balance is still remain 99$.
But if you use leverage 10:1. You have only 100$ but you but 1000$ in trading. if you lose 1%, it will 10$, so your remain balance will be 100$ - 10$ = 90$.

Leverage is a double-edged sword, meaning it can also magnify both profits and losses.


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