BTC- MT4 leverage

[toomsie]

I had a look at MT4 client for BTCE. I noticed the mention of leverage, which is a Forex thing.
BTC doesn't have leverage. Leverage is dangerous

BTC market might be highly attractive for Forex newbies but generally most Forex users are suckers. That's why I am in a bitcoin forum not trading forex.

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[B!tC0in]

"Leverage" is just a word used to denote an increase in both the risk and reward of your investment. Buying a mining rig/mining shares with BTC is leverage, buying futures on ICBIT is leverage, betting on BTC to reach a certain price on betsofbitcoin is leverage.

Leverage isn't a 'forex' thing and it isn't necessarily dangerous, its just risky. Although most forex trading platforms are for suckers, charging huge margins.

[toomsie]

Thanks