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Thread: Leverage?

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    Question Leverage?

    Dear Mr. Admin,

    I want to ask another questions. When I opened a standard account, I saw an information stated that leverage 1:500 only for account with amount max USD 25K. How about if my account exceed USD 25K? What leverage options I have? Will it changed automatically or I should change it by myself?

    As I know, maximum amount in micro account is only USD 500. What happen if it exceed USD 500?
    Thanks.

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    Hi

    Leverage available for FXOpen trading accounts is from 1:1 to 1:500 for accounts under 25,000 USD. From 1:1 to 1:200 for accounts under 100,000 USD. And from 1:1 to 1:100 for accounts under 1,000,000 (1 million) USD
    If u reach certain amount the leverage will change automatically to new leverage.

    Maximum balance allowed is 500$ (If your account balance reaches 500$, your positions will be closed and the account will be transferred to the standard group)

    Thanks

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    Quote Originally Posted by nonamer View Post
    Hi

    Leverage available for FXOpen trading accounts is from 1:1 to 1:500 for accounts under 25,000 USD. From 1:1 to 1:200 for accounts under 100,000 USD. And from 1:1 to 1:100 for accounts under 1,000,000 (1 million) USD
    If u reach certain amount the leverage will change automatically to new leverage.

    Maximum balance allowed is 500$ (If your account balance reaches 500$, your positions will be closed and the account will be transferred to the standard group)

    Thanks
    Automatically Change..
    which leverage that will be used ?
    the largest one right ? I love leverage....bigger better for me.

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    Quote Originally Posted by henri.wisdom View Post
    Automatically Change..
    which leverage that will be used ?
    the largest one right ? I love leverage....bigger better for me.
    Hi friend,
    Like you mention here, the bigger the leverage, the better for you. Yes agreed, but I hope you consider the other side of it. The market goes in your favour, the better, the market goes against you, then the worse. How about that?

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    Default

    Bigger leverages are good when your balance is low

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