New Maximum Leverage 1:1000 Unlocked!
✨ Maximum Leverage of 1000x has finally arrived!✨
We are excited to announce that MYFX Markets will increase the maximum leverage to 1000x for our loyal clients, starting from the market open on 16 September 2024, to offer an even greater trading experience! 🚀
⚠️ This new leverage will apply only to FX trading on MT4/MT5 Standard accounts. Please refer to the table below for leverage details of all available products.
💡 If you would like to change the leverage settings on your existing MT4/MT5 Standard accounts, please contact our Customer Support Team at jpsupport@myfxmarkets.com, detailing your account number and the desired leverage.
✨For leverage settings on additional accounts, you can make the changes through the Client Office.
🔥 Leverage Options at MYFX Markets 🔥
At MYFX Markets, we offer five leverage options to help you maximize your investment efficiency:
100x, 200x, 400x, 500x, and 1000x! 💥
⚠️ Please note that higher leverage carries greater risk, which is why we've set leverage limits based on your available equity.⚠️
The newly added 1000x leverage is available when your total equity is below $7,000 (or equivalent in other currency denominations).💹
*Note: This does not refer to the total equity across all active accounts.
🙋♀️At MYFX Markets, leverage is managed based on the total equity present on each individual account.
While many other brokers reduce leverage on all accounts when the combined balance across multiple accounts exceeds a certain amount, we assess each account separately. Therefore, even if the total balance across all your accounts exceeds $7,000, the leverage will not be affected as long as the individual account balance remains under $7,000.
💡 If your available equity exceeds $7,000, your maximum leverage will be reduced to 500x. You will be notified via email before the leverage adjustment is applied.
*Note: Any trading credit on your account is included in the total equity available balance.
Please refer to the table below for the maximum leverage allowed based on your account's available equity📊
Maximum Leverage Details
Example: If a trading account has available equity of $6,500:
For a live account (including credit bonuses), the maximum leverage will be as follows:
- Standard Account: Maximum leverage of 1000x 💥
- Pro Account: Maximum leverage of 500x ⚡️
Our flexible leverage system allows you to trade confidently, tailored to your financial and preferred trading situation!
💪 Benefits of Using Leverage 💪
- Take Full Advantage of Trading Opportunities with Less Capital
💼 Hold larger positions with a small amount of capital, making it easier to capitalise in various markets. - Increase your Profits
📈 With higher leverage, even small price movements can generate larger profits! Balance your risk and trading strategy to maximise your chances of success! - Trade Multiple Currencies with Limited Funds
To put it into context, with just $100 in margin and 1000x leverage, you can trade $100,000 worth of currency!
Thank you for choosing MYFX Markets. We're dedicated to continually improving our services to provide you with the best trading experience possible.
Got feedback? We'd love to hear from you!
Feel free to contact our Customer Support Team on +64 9 889 4022 or send an email to jpsupport@myfxmarkets.com.
Have an amazing day!
Warm Regards,
MYFX Markets Team
