Summary of how to check XM leverage.

In this article.XM leverage.This section explains how to check the

How to check and change XM leverage

How to check XM leverage

XM's member pagesaccess

First.XM's member pagesAccess to.

Enter your ID and password and click [Login].

Enter your ID and password and click Login.

Press the triangle to the far left of the account for which you want to check leverage.

Click [Login] and in [My Account Summary] you will see a list of information about the accounts you currently hold.

There, press the triangle to the far left of the account for which you want to check leverage.

The number in [leverage], as shown in the picture above, is the maximum leverage applied to your account!

How to change your leverage on XM

Click on the small pen symbol to the right of leverage.

Click on the small pen symbol to the right of Leverage.

Select the leverage you want to change and click [Send request].

You can choose from 16 levels of leverage, as shown in the picture below.

Select the leverage you want to change and finally click Submit request.

Now you can use this to.Your account leverage change is complete!

Why XM's leverage setting of 888x is recommended.

It is also possible to adjust the leverage of XM, with a total of 16 types to choose from. (15 types, excluding 888x for zero accounts).

In conclusion, it is recommended to set the leverage setting to 888 times. The reasons for this are explained in turn.

The higher the leverage on XM, the lower the margin requirement.

The higher the leverage on XM, the lower the margin requirement, which is why 888x is recommended.

Because it works best with scalping.

Scalping is a trading style in which traders repeatedly buy and sell in short periods of time, accumulating small profits.

Low trading volumes mean that profits are negligible, so leverage is required to increase trading volumes.

Some forex companies prohibit scalping, but XM does not.

Traders who mainly scalp should set their leverage to 888 times.

The higher the leverage, the more loss-cutters you can withstand.

XM will confirm a loss if a forced loss cut is triggered, but the higher the leverage, the better able you are to withstand the loss cut.

Let's compare the assumptions: account deposit of 100,000 yen, USD/JPY 100 for 50,000 currency, and loss-cut level of 20% or less of margin maintenance.

The higher the leverage, the greater the number of pips allowed before a forced loss cut.

summary

This article explains how to check XM leverage.