London, UK – Monday, May 9, 2022: ICM.com, a leading UK-based global multi-regulated financial service provider, is offering increased leverage of up to 1:500 on all of its currency trading accounts, from today until the 9th of June 2022.
Currency trading makes up more than 50% of the trading volume on the company’s platform and is their most popular product. Increasing available leverage increases risk, but will allow users to maximize potential profit.
The Currency market is one of the most actively traded financial marketplaces in the world and is worth over 5 trillion dollars globally. It involves the buying, selling, and exchanging of different currencies for both hedging and speculative purposes. Currency trading is high risk but can provide high returns. Leverage is one factor that can affect the risk vs. reward appetite, as it allows the use of a smaller amount of capital to gain exposure to larger trading positions.
This means both profits and losses are magnified. Leverage can provide both positive and negative outcomes. However, ICM.com offers guaranteed negative balance protection to prevent customers from losing more than their initial capital. They also offer a demo account for customers to practice trading and educational support.
Traders use leverage depending on their level of experience, investing goals, and appetite for risk, as well as the underlying market they are trading. For a limited time period, ICM is offering its clients the chance to opt for higher leverage. This promotion will run from the 9th May until the 9th of June 2022.
‘2022 has been a big year for us in terms of our commitment to offering our clients the best. We plan to continue to increase our options and trading conditions for our clients and are very excited for what the future holds.’ Shoaib Abedi, Founder, and CEO of ICM.com.