The size of the leverage in the EXNESS Group ranges up to 1:2000*. Due to this condition EXNESS margin requirements are some of the most versatile to date.
Leverage represents the ratio of debt to equity. In addition, the terms "financial leverage" and "credit leverage" are widely used to refer to this concept.
In the EXNESS Group financial leverage depends on the type of trading account and the volume of funds it contains.
Leverage and rules for its usage for EXNESS clients
In 2012, EXNESS made significant changes to the conditions of how it provides financial leverage for Forex Mini accounts. If the amount of client funds in such an account does not exceed 3,000 USD (or its equivalent in another currency), then this account is eligible for a maximum financial leverage of 1:2000. If the amount of funds in the Forex Mini account is in the 1,000 USD to 5,000 USD range (or its equivalent in another currency), the maximum amount of financial leverage available to clients will be 1:1000. Such a significant reduction in margin requirements allows traders to effectively implement a wide range of trading strategies.
Since June 11, 2012 EXNESS has allowed registration of ECN accounts; the company's clients have gained access to Forex ECN accounts that allow trading on the interbank market. Our company provides a maximum leverage of 1:100 for clients who trade in these accounts. Requirements for the size of the financial leverage correspond to the standard interbank rules and are due to the very principle of trading in accounts of this type. Each client transaction enters the ECN system, where it is executed under the current market conditions.
Margin requirements increase when the funds available in a client's account increase. This is due to the increasing costs of hedging open orders. Consequently, the size of the provided leverage changes.
EXNESS has established the following maximum leverage values:
|Equity, USD||Maximum leverage|
|Forex Mini account,
Forex Classic account
|Forex ECN account**|
|0 — 3000||1:2 000||1:200|
|3 000 — 9 999||1:1 000|
|10 000 — 19 999||1:600|
|20 000 — 49 999||1:400|
|50 000 — 199 999||1:200|
|200,000 or more||1:100||1:100|
Rules for providing leverage for Forex Mini and Forex Classic accounts
Leverage will automatically be adjusted up or down as the client’s account equity changes.
In accordance with the Client Agreement, margin requirements may change before weekends and holidays.
Margin requirements are calculated based on the maximum leverage of 1:200 5 hours before market close. Margin requirements are calculated based on a trading account’s available funds or the leverage set by the client within 3 hours after the market opens. This rule is necessary because of the potential that a price gap may arise when the market opens.
This rule also applies on holidays. Margin requirements in this case are calculated on the basis of a maximum amount of leverage of 1:200 or less than what EXNESS employees tell clients by posting a corresponding message on the website in the "Company News" section.
Please note: Any change in the value of the financial leverage may take some time and require repeated authorization in the terminal or its reboot to refresh the parameters displayed therein, depending on the value of the leverage.
* A maximum value of leverage of 1:2000 is only available for Forex Mini accounts.
**Only available for clients of EXNESS LIMITED (NZ).