Exness broker leverage is an important factor in optimizing profits for traders. To effectively use leverage, you need to master its basic information. EX Trading will help provide useful information about leverage, helping you have the most general overview. Let’s read the entire article below.
Concept of Exness broker leverage
Exness broker leverage is a useful trading tool that helps traders trade large volumes with only a small amount of capital. This is also the tool most used by traders when trading on Exness.
With leverage, you can create an order with unlimited volume. As long as you have enough money to deposit into Exness to deposit the exchange. This forces traders to comply with the rule of not using leverage indiscriminately. Although it is useful, it is also considered a double-edged sword, so if you lose a lot, your account will burn out faster.
In short, Exness leverage is the trading amount that the broker lends you to invest. Leverage is also a factor that affects the profit and risk of each trading session. If you use leverage properly, your investment capital will certainly be amplified. Thanks to that, you earn more money for your account. Additionally, if you have questions about boom and crash on Exness, see here.
How does Exness broker leverage work?
We included this content in the article so you can clearly understand how Exness leverage works. Only when you understand it will you know how to use leverage optimally to avoid rumors such as Exness being unreliable, Exness withdrawal problems, etc. Before using leverage, you need to deposit some money (called money). deposit). Margin and leverage are closely related.
For example:
Margin = Lot * Contract Volume / Leverage Level.
For example, if you have 2 lots of EURUSD, the leverage is 1:2000.
- Lot 2
- The contract volume is 100 000 EUR.
- Leverage level: 2000.
Margin = 2 * 100 000 / 2 000 = 100 EUR (where the margin will always be calculated in the base currency).
See more: Open Exness Account: Latest guide for new traders
How many Exness broker leverage levels are there?
Depending on the account type and trading platform, the leverage level at Exness fluctuates. We have listed some of the most popular leverage levels, including:
- Account under $1000 – leverage 1: unlimited if eligible. The default level will be 1:2000.
- Account from $1000 – $5000 – leverage 1:2000.
- Account from $5000 – $30,000 – leverage 1:1000.
- Account over $30,000 – leverage 1:500.
Be careful when using leverage
As EX Trading just mentioned, leverage can help you “one step up into the clouds”. With a modest amount of capital, you can earn huge profits thanks to Exness broker leverage. However, if not controlled well, your account will be burned. Therefore, the first thing to pay attention to when deciding to use leverage is that you must clearly understand it. In other cases, you want to choose unlimited leverage, the maximum leverage will automatically change if the working capital exceeds a certain amount.
At the time of major events and important news, leverage will be limited for too high a visit. At this time, you need to avoid using too much leverage to avoid burning your account. Currently, Exness aims to best protect customer capital, so it has set several regulations related to the use of leverage.
Instructions for changing Exness broker leverage
Adjusting leverage is necessary to optimize profits and reduce risks to a minimum. To change the leverage level, follow these steps:
Step 1: Log in to your area “My accounts”.
Step 2: Click on the three-dot icon next to the Trade button and select “Change max leverage”.
Step 3: In this area, the leverage level will appear. If you want to change, select the down arrow and adjust the leverage level as desired. The last step is to select the line to set maximum leverage “Set maximum leverage” and complete.
You see, with just 3 simple steps, you can change the leverage level as desired. Leverage is an important form of trading that helps traders gain attractive profits in a short time.
What is the best Exness broker leverage level to choose?
4 leverage levels are considered the most effective. However, you should consider the following as a reference source. You need to compare your trading strategy to choose the most suitable leverage level.
Exness 1 leverage: unlimited
This is the highest type of leverage. All account types on the exchange can use 1: unlimited leverage. However, this level of leverage is only suitable for master traders, those who want to open large trades, or traders who want to test different strategies. This means the risk of losing capital when using type 1: unlimited is high.
To use Exness 1: unlimited Exness broker leverage, you need to meet the following conditions:
- Leverage of 1:Unlimited is available only when your equity is less than 1,000 USD. Specifically, from 0 – 999.99 USD.
- Close at least 10 orders, minimum value 5 lots, or 500 lot cents (all operations come from a real account).
Unlimited leverage is available on products: currency pairs, cryptocurrencies, energies, stocks, and indices.
See more: Exness Broker Review: Strengths and Weaknesses to know
Exness leverage 1:2000
This is the most suitable leverage level for new traders. The leverage ratio is not too high, the risk of the capital loss is low, and is safe for people without much experience in the financial market. Exness leverage 1:2000 applies to capital from 1,000 – 4,999.99 USD.
Exness leverage 1:1000
A leverage level specifically for financial experts. Margin requirements for some instruments are fixed: for example, margin requirements for BTCUSD are fixed at 1:400 (or 0.25% of the trade amount). When there is high-impact news and before weekends and holidays, maximum leverage is limited to 1:200 for currency pairs and gold. Leverage level 1:1000 applies to capital from 5,000 – 29,999.99 USD.
Exness leverage 1:500
The deposit amount when using 1:500 leverage is 30,000 USD or more. Experts evaluate that using Exness broker leverage of 1:500 is a wise investment level to explore the market.
Each type of leverage has different advantages and disadvantages. Therefore, there is no best or worst leverage level, only the one that suits you is best. To determine what your leverage is, you need to improve your knowledge, increase your experience, practice market perception, etc. Most importantly, you need to plan a detailed investment plan to avoid losing money. Be moved by the irresistible attraction of Exness exchange leverage.
Epilogue
Exness broker leverage not only creates favorable conditions for traders to invest but also poses many risks. EX Trading hopes to help you gain more interesting information about leverage. If you have any questions, don’t hesitate to chat with a consultant, we will help you solve any problems you have about leverage and many other investment information on Exness. Wishing you many advantages and profits when trading on Exness!
