The following leverage sizes are available to LiteForex’s clients, depending on their account types:
- from 1:1 to 1:500 in CLASSIC accounts;
- from 1:1 to 1:1000 in ECN accounts;
You can choose the size of leverage when you open your trading account.
Later, you can change it via your Client Profile by using the corresponding option in the “Metatrader” section.
This procedure does not require you to close opened or pending orders.
What is credit leverage?
Credit leverage is a ratio between the deposit and allocated borrowed funds: 1:100, 1:200, 1:500, and 1:1000.
Credit leverage 1:100 means that you shall have in your trading account an amount, which is 100 times less than the one required to open an order.
High Leverage with NBP
LiteForex offers relatively high leverage comparing to other standard brokers.
The high leverage certainly involves high risks, and you must know how much you can risk for online trading before start trading.
Fortunately, LiteForex supports NBP (Negative Balance Protection) which protects traders from any negative balances in MT4 and MT5.
In case a trader’s account balance goes negative (minus), LiteForex will automatically fixes the balance to zero, thus the trader does not need to cover the exceeded loss by his own.
This condition is applicable for all account types and platforms of LiteForex.