How to Change Leverage in an Exness Trading Account
As already described in other articles, leverage is essential for traders as it is one of the main tools in the world of Fx and CFD trading. The essence of leverage is that it allows you to use large amounts of funds with a small deposit and its use in trading on the Exness platform can greatly influence your trading plans and strategies.
Page crated:13.05.2024
Why Change Leverage?
Leverage at Exness is manageable and this is why many traders choose Exness as their broker. Changing the leverage is often required for example: to reduce possible losses if the trader has an idea of a fast market change with a probability of high volatility, or if the trader is confident in his trading plan and wants to increase his opportunities he increases the leverage (within reasonable limits).
- Important: Changing the leverage requires understanding and risk acceptance of the trader, as increasing the leverage increases the possible risks associated with the trader's capital!
Changing the leverage affects trading by increasing the amount of funds that can be used by the trader, which in turn allows opening trades with a larger volume compared to the budget that the client has.
Some situations for changing leverage
- Adjusting the trading plan
When switching to a different type of trading or style, it would be wise to change leverage
- Risk managementMarket instability and high volatility are the main reasons for reducing leverage to reduce potential losses
- Adapting to market changesFrequent changes in the global economy require leverage to be adapted to properly react to changes
- Capital optimizationIn cases of proper market and economic analysis, increased leverage can be beneficial
Changing leverage at Exness is a simple process that allows traders to quickly adapt to their trading needs and changes in market conditions. It is a key feature that allows traders to maximize their trading strategies and manage risk with flexibility and efficiency.
Conscious use of leverage and adjusting it according to your trading objectives, level of experience and market conditions can significantly improve your trading experience with Exness, helping you to achieve better results with the level of risk you take.
Conscious use of leverage and adjusting it according to your trading objectives, level of experience and market conditions can significantly improve your trading experience with Exness, helping you to achieve better results with the level of risk you take.
Step-by-step Instructions for Changing Leverage in Exness
Changing leverage in Exness is available and it's quite simple. Explore with us how to change leverage in Exness:
1
You need to log into your Personal Area Exness (read the instructions on how to log in, and if you don't have one, create one with the instructions)
2
You need to select the account on which you want to change the leverage size
3
You need to find the menu and open it (use the image as a hint), click on "Change max leverage" in the opened menu
4
A window will open where you can select the maximum leverage, starting from 1:2 and on some accounts up to 1:unlimited (learn how to get unlimited leverage). Choose the leverage size that is ideal for you, in this case the leverage chosen is 1:200 according to your trading plan
5
Having selected the desired size - click "Continue" and a window will appear with a warning about the leverage change - read and accept it
Final: After confirming the changes, the new leverage will be applied to your trading account.
- Important! Change the leverage taking into account the trading plan and understanding the probable risks!
Please note that changing the leverage does not affect positions opened earlier, the changed leverage level will be applied to new positions.
Specifying Leverage when Creating an Account
How to choose the maximum leverage when creating a new account - read the instructions and you will have no more questions.
1
You have clicked open a new account, selected its type and terminal on which it will work and now the account settings window is open (read the step-by-step instruction about opening a new trading account).
2
Find the "Maximum Leverage" tab and chose the type of leverage you wish to use on your account. The total leverage options available can range from 1:1 to the largest cap possible, such as 1:2000 ( do note that you can't get unlimited leverage without following some rules of the broker).
3
Having chosen the level of leverage that will suit you - customize the rest of the items and click create account.
Final. Done, now you have a trading account with leverage set up!
Accounts with Leverage Options
The broker with the "EX" logo provides its clients with a variety of trading accounts to choose from, among which you can select unique features including leverage. Consider the types of accounts that allow you to decrease and increase the amount of leverage.
- Please note! Leverage is not available in Muslim (Islamic) accounts as it is against Sharia law!
In selecting Leverage for any of these slots, it is of great importance to carefully consider both your trading and current financial market objectives. Adjusting leverage may significantly impacts your trading, including initial and subsequent margin and risk calculations. Exness offers customizable leverage guidelines that can adapt to changes in the broader market and reflect their changing individual trading style.
Tips on Choosing the Right Leverage for You
Did you come here with the question "I don't know what size leverage would be perfect for me"? If yes, this information is for you:
Often there are situations when a trader doubts the correct choice of leverage, but the choice of the wrong leverage is a key to planning a trading program. When choosing the level of leverage you have to keep in mind:
- Tip: Regularly review and analyze the effectiveness of your trading strategy with the chosen leverage.
Limitations and Rules of Leverage at Exness
The use of leverage at Exness is subject to certain rules and restrictions that are designed to protect the interests of both traders and the broker. Here are the key aspects to consider:
- Exness has one of the best leverage available in the industry, as high as 1:2000 in some account types. However, the amount of Leverage available will range based on the specific account category, the symbols that can be traded, as well as the amount of funds in the trader's account.
- Based upon the trader's country of origin and applicable statutory guidelines, the highest leverage may need to be limited by stricter rules.
- Marginal demands set the smallest percentage of the total cost of a situation that a trading account has to hold in order to be able to open and keep a trade. These guidelines are based on the leverage applied: the more the amount of leakage, the more stringent the initial margin is and so forth.
- In case the asset level in the current account drops to a certain threshold ( "margin call"), it is possible that the trailer may be required to deposits more assets in order to stay up to date with positions. If funds continue to decrease and reach the stop out level, open positions may be subject to immediate closure by the broker to block such decisions.
- Exness reserves the right to change the maximum available leverage and margin requirements in response to changes in market conditions, regulatory updates or internal company policies.
- Warning: Traders will be notified of any changes to leverage terms or margin requirements through official Exness communication channels.
Frequently Asked Questions (FAQ)
- How do I change leverage in Exness?Changing leverage is a simple process and usually doesn't take more than 1 minute. This can be done through your personal Area in xness (read the detailed instructions on how to change leverage).
- What needs to be considered when choosing a leverage size?You may want to consider several issues regarding leverage, such as what trading method you desire to use or how high of a risk you are comfortable to take.
- What are the risks of using high leverage?By using strong leverage, both positive returns and possible losses are amplified. It can lead to rapid and sizeable losing, in particular in a high level of market volatility.