I am going to close my 20:1 account and go to a new broker that has 500:1 on BTC/USD. That is a 25x advantage. Does anyone else here do leverage trades on BTC/USD?
500:1 is some serious leverage
Personally I stick to much lower levels because BTC can swing hard in both directions and wipe you out fast not saying it can’t be profitable but the risk is on another level compared to 20:1