7 minute read
How to Set Leverage in Exness: A Step-by-Step Guide for Traders
from Set Leverage Exness
Are you wondering how to set leverage in Exness to your trading strategy? It’s super simple! Log into your Exness Personal Area, navigate to the “My Accounts” tab, select your trading account, click the three-dot icon, choose “Change max leverage,” and pick your desired leverage ratio from the dropdown menu. Done! But there’s more to it than just a few clicks—understanding leverage and how to manage it wisely is key to trading success. In this guide, I’ll walk you through the process step-by-step, share tips to avoid common pitfalls, and help you make informed decisions. Let’s dive in!
✅ Trade with Exness now: Open An Account or Visit Brokers 👈
Why Leverage Matters in Exness
Before we get into the nitty-gritty of setting leverage, let’s talk about why it’s such a big deal. Leverage in forex and CFD trading is like a superpower—it lets you control larger positions with a smaller amount of capital. For example, with a 1:100 leverage, your $1,000 can control a $100,000 position. Cool, right? Exness offers flexible leverage options, including unlimited leverage (up to 1:2,100,000,000) for certain accounts, which is a game-changer for experienced traders. But here’s the catch: leverage amplifies both profits and losses. So, knowing how to set and manage it is crucial.
Exness makes it easy to customize leverage to match your risk tolerance and trading style. Whether you’re a newbie sticking to low leverage or a pro aiming for the stars with unlimited leverage, this guide has you covered.
Step-by-Step Guide to Setting Leverage in Exness
Ready to set your leverage? Follow these steps, and you’ll be good to go in minutes:
1. Log Into Your Exness Personal Area (PA)Head to the Exness website exness.com and sign in with your account credentials. The Personal Area is your control hub for all account settings.
2. Go to the “My Accounts” TabOnce logged in, find the “My Accounts” section. Here, you’ll see a list of all your trading accounts—Standard, Pro, Raw Spread, or whatever you’ve got.
3. Select Your Trading AccountPick the account you want to adjust leverage for. Each account can have its own leverage setting, so choose wisely.
4. Click the Three-Dot IconNext to your chosen account, you’ll see a three-dot icon. Click it to open a menu of options.
5. Choose “Change Max Leverage”From the menu, select “Change max leverage.” A dropdown will pop up with available leverage ratios, ranging from 1:2 to 1:Unlimited (or 1:2000 on MT5 accounts).
6. Pick Your Leverage RatioSelect a preset leverage like 1:100, 1:500, or go custom if you want something specific. If you’re eyeing unlimited leverage, make sure you meet the criteria (more on that later).
7. Save Your ChangesHit “OK” or “Save” to apply the new leverage. Sometimes, you may need to restart your trading platform (MT4 or MT5) for the changes to kick in.
8. Double-Check Your SettingsBack in the Personal Area, verify that the leverage has updated. You can also check the applied leverage in your trading platform under account details.
That’s it! You’ve just set your leverage in Exness. But don’t rush into trading yet—let’s talk about some key things to keep in mind.
✅ Trade with Exness now: Open An Account or Visit Brokers 👈
Understanding Exness Leverage Options
Exness offers a range of leverage options to suit different traders:
Standard Leverage: Ranges from 1:2 to 1:2000, depending on your account type (MT4 or MT5) and equity. For example, MT5 accounts cap at 1:2000, while MT4 accounts can go higher.
Unlimited Leverage: Exclusive to MT4 accounts (Standard, Standard Cent, Standard Plus, Pro, Raw Spread, Zero) with a max ratio of 1:2,100,000,000. To qualify, your account equity must be under $1,000, and you need to have closed at least 10 positions and traded 5 lots across all real accounts.
Dynamic Leverage: Exness automatically adjusts leverage based on your account equity and market conditions. For instance, leverage decreases as your balance grows to limit risk, or during volatile periods like major economic news.
Different assets also have different leverage limits. Forex pairs often get the highest leverage (up to 1:2000 or unlimited), while cryptocurrencies might be capped at 1:400 due to their volatility. Always check the leverage for your chosen instrument in the Exness trading calculator.
Pro Tips for Managing Leverage in Exness
Setting leverage is just the start. Here’s how to use it like a pro:
1. Start Small if You’re NewIf you’re a beginner, stick to lower leverage (like 1:10 or 1:50). It’s less risky and gives you room to learn without blowing your account.
2. Use Stop-Loss OrdersAlways set stop-loss orders to cap potential losses. High leverage can wipe out your capital fast if the market moves against you.
3. Test with a Demo AccountExness demo accounts let you experiment with different leverage settings risk-free. Try out 1:500 vs. 1:2000 to see what feels right for your strategy.
4. Monitor Your Margin LevelKeep an eye on your margin level (shown as a percentage in MT4/MT5). If it drops below 100%, you risk a margin call; if it hits the stop-out level, your positions may close automatically.
5. Use Exness ToolsExness offers margin and profit calculators to estimate how leverage affects your trades. Plug in your leverage, lot size, and instrument to plan better.
6. Stay Informed About Market VolatilityHigh leverage during volatile markets (like during Fed rate announcements) can be dangerous. Exness may lower leverage temporarily to protect you, so stay updated.
7. Avoid Drastic Leverage ChangesGradually increase leverage as you gain confidence. Jumping from 1:100 to 1:2000 overnight is a recipe for trouble.
Common Mistakes to Avoid
Leverage is powerful, but it’s easy to mess up if you’re not careful. Here are pitfalls to dodge:
Overleveraging: Using max leverage without a solid risk management plan can lead to huge losses. Just because you can use 1:2000 doesn’t mean you should.
Ignoring Account Equity: Exness adjusts leverage based on your balance. If your equity grows, your max leverage may drop, so check your settings regularly.
Not Understanding Margin Requirements: Higher leverage means lower margin requirements, but you still need enough free margin to open new trades.
Skipping Risk Management: No stop-loss? No diversification? You’re asking for trouble. Always have a safety net.
Who Should Use High Leverage?
High leverage, especially Exness’s unlimited option, isn’t for everyone. It’s best for:
Experienced Traders: If you’ve got a proven strategy and nerves of steel, high leverage can boost your returns.
Scalpers and Day Traders: Short-term traders can benefit from leveraging small price movements.
Low-Balance Accounts: Unlimited leverage is only available for accounts under $1,000, making it ideal for small-scale traders with big ambitions.
If you’re risk-averse or new to trading, stick to moderate leverage until you’re comfortable.
FAQs About Setting Leverage in Exness
Can I change leverage on all Exness accounts?Yes, you can adjust leverage on any trading account via the Personal Area, but the max leverage depends on your account type and equity.
What’s the highest leverage Exness offers?Exness offers up to 1:2000 on MT5 accounts and unlimited leverage (1:2,100,000,000) on MT4 accounts, subject to conditions like equity under $1,000.
Does Exness charge for changing leverage?Nope, changing leverage is free and instant, as long as you meet the account requirements.
Can I set leverage for cryptocurrencies?Yes, but crypto leverage is typically lower (up to 1:400) due to high volatility. Check the Exness website for specific limits.
Final Thoughts
Setting leverage in Exness is a breeze once you know the steps: log in, head to “My Accounts,” select your account, and tweak the leverage to suit your needs. But leverage is a double-edged sword—use it wisely to amplify your trading potential without risking it all. Start with low leverage, test strategies on a demo account, and always prioritize risk management. Exness’s flexible options, from 1:2 to unlimited leverage, give you the tools to trade your way, but success depends on how you wield them.
✅ Trade with Exness now: Open An Account or Visit Brokers 👈
Read more:
