When using Exness Social Trading, it’s important that you act responsibly to protect your account. Acting responsibly means weighing the pros and cons of strategies, rather than going on a ‘feeling’. Here’s how to trade responsibly on our Social Trading platform:
- Choose your leverage wisely: Although leverage can amplify your profits, it also increase your exposure to risk, so if you are new to trading, limit your risk by selecting a lower level of leverage.
- Check the risk rating: High risk strategies can bring high returns when the market moves in your favor, but please be aware that there is an increased likelihood of volatility and potential losses too.
- Reduce your risk by diversifying your portfolio: Investing in strategies that focus on different assets, is one way you can reduce your exposure to risk.