Risk Management and Leverage
We offer risk management features like stop-loss, take-profit, and trailing stop orders which can be attached to a new trade or placed to existing position by modifying the position by double clicking on the open position to bring up an order ticket.
In addition, you can place pending orders using the following execution types, Buy Limit, Sell Limit, Buy Stop and Sell Stop.
On MetaTrader 5 you have the added execution types for pending orders Buy Stop Limit and Sell Stop Limit.
Leverage allows you to control a larger position with a smaller amount of capital, but it also magnifies potential losses. We offer different leverage options.
The maximum leverage available for both MT4 and MT5 trading accounts with MYFX Markets is 1:500. You can submit a request to change your leverage through the Client Office.
We offer cryptocurrency leverage options of up to 5 times, or a margin requirement of 20% (equivalent to 5:1).