Hi, newbie here trying to understand more on leverage.
If I was to have a $1,000 account wtith 100:1 leverage does this then mean I can actually trade a maximum of 1 standard lot or 10 min lots?
1,000 x 100 = 100,000
1 standard lot = 100,000
1 mini lot = 10,000
Please let me know if I am on...