Leverage in HotForex and How to Change It?

By Author

2023/01/25 24 0

HotForex Leverage

While trading with HotForex you can operate with fixed or floating leverage, which is indeed a very useful tool, especially for traders of smaller size. Leverage brings an opportunity to increase your potential gains through its possibility to multiply balance in a particular number of times. Yet remember that leverage may work in reverse too, defining also your risks, that is why it’s so important to understand how to use tool smartly.

HotForex offers various leverage levels from the “modest” one as determined by European regulations and various other measures, and up to very high ratios. Yet, again always make sure to learn about high risks of leverage, as retail trading accounts lose money rapidly due to high leverage.

Therefore, your leverage levels are firstly settled according to the regulatory requirement in the region or another also your prof level in finance, so make sure to verify with the customer support team which one you entitled to.

European entities that oblige to ESMA regulation, the maximum leverage ratio is set to a 1:30 on Forex instruments, 1:25 Spot Metals, etc.
South Africa residents may access leverage of up to 1:200
Higher leverage ratios like 1:400, 1:500 or even 1:1000 are offered through HotForex offshore entities since a particular registration does not limit offering and allows high leverage levels.

How to change the Leverage on HotForex

Very often traders want to know how to increase leverage on the MT4 platform (or decrease). In our recent article How to Change Leverage on MT4 for Different Brokers we gave example how to change leverage for several different forex brokers. So, can I select leverage levels on Hotforex?

Hotforex broker allows traders to change leverage levels. If you want to select leverage levels on Hotforex you need to log in into Hotforex members area, select accounts section, and in option Actions change leverage level. Traders can increase leverage up to 1:1000.

If you are a day trader and you have a lot of trades maybe you will be interested in Hotforex zero spread accounts. As you know Hotforex is one of the most famous forex brokers and they offer even zero spread accounts for day traders.

See the steps below how to change Hotforex high leverage levels:

Go to Hotforex log in page. Enter your username and password:

Go to Hotforex account section and choose option to change leverage:
In the next step you can see drop-down menu where you can choose new leverage level:

After you set new leverage you need to save and this is it. In your Metatrader account change will be immediately changed.

Tags how change hotforex leverage change hotforex leverage account change hotforex leverage change leverage at hotforex change leverage on hotforex change leverage hotforex leverage at hotforex hotforex change leverage hotforex change leverage account hotforex change trader leverage forex change trader leverage forex change leverage change leverage hotforex new hotforexleverage new leverage hotforex