Question: Why HotForex's leverage 1:1000 isn't available for my MT4 account?
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HotForex offers the maximum leverage up to 1:1000 though, it is available only for Micro account.
For other account types, the maximum leverage is 1:400 or lower.
You can find the full trading conditions of each HotForex MT4 account form here.
Micro account is available with such high leverage, but the maximum trading lot volume is only 5 standard lots.
Micro account is especially suitable for traders with smaller trading volume, and the required minimum deposit amount is only 5 USD, so it is very reachable for any retails traders.
Leverage 1:1000 is risky
Leverage 1:1,000 is quite higher than the average leverage offered by other Forex brokers.
There is only a handful of Forex brokers with the leverage higher than 1:1000 in the world.
Although the leverage itself is very attractive, please note that higher leverage comes with higher risks.
Especially if you have lower account balance, that will make your trading account very vulnerable to market volatility.
HotForex’s Micro account is available from 5 USD of minimum deposit, but you are always recommended to have enough margin to support your open positions at all time in your account.
