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and it is possible to lose more than your initial investment.
Don't forget that brokers have automatic systems set up to force liquidation of your position prior to the leverage cause you to lose over 100 percent of your account, however you are still accountable in the event of a problem occurring during the liquidation procedure and your account goes into debit, thus the high risk of losing more than what you put into the account.
This can't occur if you don't use leverage, as you can then just lose 100 percent...