8 minute read
How to Increase Leverage in Exness: A Comprehensive Guide
from Exness
by Exness_Blog
Leverage is a powerful tool in forex trading, allowing traders to control larger positions with a smaller amount of capital. Exness, a leading online forex broker, offers some of the most competitive leverage options in the industry, including its unique unlimited leverage feature. Understanding how to increase and effectively use leverage in Exness can significantly enhance your trading potential, but it also comes with risks that require careful management. In this comprehensive, we’ll explore what leverage is, how Exness’s leverage system works, strategies to maximize leverage, and tips to manage risks effectively. Whether you’re a beginner or an experienced trader, this article will provide actionable insights to optimize your trading strategy on the Exness platform.
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What Is Leverage in Forex Trading?
Leverage in forex trading is essentially a loan provided by a broker, enabling traders to open positions larger than their account balance. It’s expressed as a ratio, such as 1:100 or 1:2000, indicating how much larger your position can be compared to your equity. For example, with 1:2000 leverage and a $1,000 account balance, you could control a position worth $2,000,000. This amplifies both potential profits and losses, making leverage a double-edged sword.
Exness stands out with its flexible leverage options, offering up to 1:2000 on its MT5 platform and even unlimited leverage on MT4 for certain account types, such as Standard, Standard Cent, Pro, Raw Spread, and Zero accounts. Unlimited leverage, which can reach a staggering 1:2,100,000,000, allows traders to open large positions with minimal margin, offering unparalleled flexibility. However, such high leverage is best suited for experienced traders due to the increased risk of significant losses.
In this guide, we’ll cover how to increase your leverage in Exness, optimize its use, and implement risk management strategies to trade responsibly.
Understanding Exness’s Leverage System
Exness provides a range of leverage options tailored to different trading needs. The maximum leverage depends on the trading platform and account type:
MT4 Accounts (Standard, Standard Cent, Standard Plus, Pro, Raw Spread, Zero): Unlimited leverage, allowing traders to open positions without requiring any margin, though this is subject to specific conditions.
MT5 Accounts: Maximum leverage of 1:2000, which is still among the highest in the industry.
Leverage levels are also influenced by account balance and other factors, such as trading experience and market conditions. For instance, higher account balances may result in lower maximum leverage to ensure risk control. Exness’s unlimited leverage is a unique feature, but it’s not automatically applied to all accounts. To increase leverage, traders must meet certain criteria and actively adjust their settings.
How to Increase Leverage in Exness: Step-by-Step Guide
Increasing leverage in Exness is straightforward, but it requires careful consideration of your trading goals and risk tolerance. Below are the steps to increase your leverage:
1. Log In to Your Exness Personal Area
Access your Exness account through the Personal Area on their website or mobile app. This is where you manage all account settings, including leverage.
2. Verify Your Account
To access higher leverage, including unlimited leverage, you must fully verify your account. This involves submitting identification documents (e.g., passport or ID) and proof of residence. Verification ensures compliance with regulatory requirements and unlocks advanced features like higher leverage.
3. Check Your Account Type
Ensure you’re using an account type that supports high leverage. For unlimited leverage, you’ll need an MT4-based account (Standard, Standard Cent, Pro, Raw Spread, or Zero). If you’re on MT5, the maximum leverage is 1:2000. If your current account doesn’t support your desired leverage, you can open a new account type in the Personal Area.
4. Adjust Leverage Settings
In the Exness Personal Area:
Navigate to the “My Accounts” section.
Select the account you want to adjust.
Click on “Change Leverage” and choose your preferred leverage ratio, up to the maximum allowed for your account type and balance.
For unlimited leverage on MT4, ensure you meet the eligibility criteria, such as having a verified account and sufficient trading experience.
5. Meet Eligibility Requirements for Unlimited Leverage
To qualify for unlimited leverage on MT4, Exness imposes certain conditions:
Trading Volume: You may need to have traded a specific number of lots (e.g., 10 lots) in the last 30 days.
Account Equity: Unlimited leverage is typically available for accounts with lower equity (e.g., below $1,000), as higher balances may cap leverage at 1:2000 or lower to manage risk.
Experience Level: Exness may assess your trading history to ensure you understand the risks of high leverage.
If you don’t meet these criteria, you can still increase leverage to 1:2000 or another high ratio, depending on your account.
6. Confirm Changes
After selecting your desired leverage, confirm the changes. Exness will notify you once the new leverage is applied, typically instantly or within a few hours.
7. Monitor Margin Requirements
Higher leverage reduces the margin required to open positions, but it also increases the risk of margin calls. Monitor your account’s margin level to avoid forced closures of positions due to insufficient funds.
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Strategies to Optimize Leverage in Exness
Once you’ve increased your leverage, using it effectively is key to maximizing profits while minimizing risks. Below are proven strategies to leverage Exness’s high leverage options:
1. Align Leverage with Your Trading Strategy
Scalping: High leverage, such as 1:2000 or unlimited, is ideal for scalping strategies, where traders open and close positions quickly to capture small price movements. The low margin requirements allow for multiple trades with minimal capital.
Swing Trading: For longer-term trades, moderate leverage (e.g., 1:100 or 1:500) may be more suitable to avoid overexposure to market volatility.
Crypto Trading: Exness offers specific leverage for cryptocurrencies, which are highly volatile. Use conservative leverage (e.g., 1:50 or 1:100) to manage the risk of sharp price swings.
2. Focus on High-Probability Setups
High leverage amplifies returns, so prioritize trades with strong technical or fundamental signals. Use tools like moving averages, RSI, or Fibonacci retracements to identify high-probability entry points. This reduces the likelihood of losses that could quickly deplete your account with high leverage.
3. Diversify Your Trades
Unlimited leverage allows you to diversify your portfolio by opening multiple smaller positions across different assets (e.g., forex pairs, commodities, or cryptocurrencies). This spreads risk and reduces the impact of a single losing trade.
4. Use Small Position Sizes
Even with high leverage, avoid overcommitting to a single trade. For example, with a $1,000 account and 1:2000 leverage, you could control a $2,000,000 position, but risking only 1-2% of your account per trade helps protect your capital.
5. Leverage Exness’s Tools
Exness provides tools to enhance trading efficiency:
Economic Calendar: Stay informed about market-moving events like interest rate decisions or economic data releases.
VPS Hosting: Use Exness’s free VPS for faster trade execution, especially beneficial for high-leverage scalping strategies.
Market Analysis: Access Exness’s daily market insights to inform your trading decisions.
Risk Management with High Leverage
High leverage, especially Exness’s unlimited leverage, can lead to substantial losses if not managed properly. Here are essential risk management tips:
1. Set Stop-Loss Orders
Always use stop-loss orders to limit potential losses. For example, if you’re trading EUR/USD with 1:2000 leverage, a 10-pip adverse move could wipe out a significant portion of your account without a stop-loss.
2. Monitor Margin Levels
Exness issues a margin call when your account’s margin level falls below a certain threshold, and positions may be closed automatically if the level drops further. Regularly check your margin level in the Exness Personal Area or trading platform to avoid this.
3. Use Proper Risk-Reward Ratios
Aim for a risk-reward ratio of at least 1:2 or 1:3. For instance, if you risk $100 on a trade, target a profit of $200-$300. This ensures that winning trades outweigh losses over time.
4. Avoid Overtrading
High leverage can tempt traders to open too many positions. Stick to a disciplined trading plan and avoid impulsive trades driven by the availability of high leverage.
5. Practice on a Demo Account
Before using high leverage in a live account, practice on Exness’s demo account. This allows you to test strategies and understand the impact of leverage without risking real money.
Common Mistakes to Avoid with High Leverage
Ignoring Risk Management: High leverage can lead to rapid losses without proper stop-losses or position sizing.
Overleveraging: Using maximum leverage on every trade increases the risk of account blowouts.
Lack of Knowledge: Trading with unlimited leverage without understanding market dynamics is a recipe for disaster.
Emotional Trading: High leverage can amplify emotional decisions. Stick to a trading plan to stay disciplined.
Conclusion
Increasing leverage in Exness can unlock significant trading opportunities, especially with its unique unlimited leverage feature on MT4 accounts. By following the steps outlined—verifying your account, selecting the right account type, and adjusting leverage settings—you can access leverage up to 1:2000 or even unlimited levels. However, high leverage demands disciplined risk management, including stop-loss orders, proper position sizing, and a focus on high-probability trades.
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