In this article, we will analyze steps on how to increase leverage on mt4 and how to decrease leverage on mt4 for different brokers.
If you want to change leverage on the MT4 platform you can make modifications only on your broker website. You need to log in to the user platform (members area) and then in the accounts section to manually change account leverage value. Some forex brokers offer permanent leverage for their accounts but the majority offer the possibility to change leverage.
Example 1: How to change leverage on Hotforex?
As you know Hotforex is one of the most famous forex brokers and they offer even zero spread accounts for day traders.
If you want to change leverage in the Hotforex account you need in the first step to log in:
Then you need to go into account section and choose option to change leverage:
In the last step you will see the drop-down menu where you can choose new leverage:
Just choose preferred leverage and save your option. You can increase your leverage up to 1:1000.
Example 2: How to change leverage on XM?
In the first step user needs to log in:
After that in the account section choose option “change leverage”:
On the end choose leverage value from the list:
Example 3: How to change leverage on Fxpro?
In the first step you need to log in Fxpro account:
Than go to Account section and use pencil to change leverage:
Then you will see drop-down list to change leverage: