On our Crypto Futures platform, you can adjust the leverage for isolated margin positions.
Whether you want to adjust the leverage for an open isolated margin position or set it for a new trade, you can easily modify it between 2x and 200x, depending on the asset. Available leverage levels differ from one asset to another, so we advise you to always check the available leverage level for the asset you have selected before making any modifications;
Leverage amplifies your trading power by allowing you to open larger positions with a smaller amount of capital. However, it also increases the risk, so it’s crucial to use it with caution.
Changing leverage step by step
For open trades
If you have an existing position, follow these steps to adjust the leverage:
Locate your position:
Go to the ‘Positions’ window and select the trade you want to modify.Access the leverage settings:
Click the pencil icon next to ‘Margin Type’ in the order details.Adjust the leverage:
For isolated margins, use the slider to adjust your desired leverage level from the list of available leverages.
Leverage cannot be adjusted for cross-margin. If you wish to adjust the leverage but have selected cross-margin, switch to an isolated margin.
Review the impact on your position’s margin requirements and risk exposure.
Confirm the change:
Click ‘Set’ to update the leverage for your position. The change will take effect immediately.
For new trades
To set the leverage for a new trade:
Choose your asset:
Select the cryptocurrency you wish to trade from the ‘Trade’ widget.Enter trade details:
Select your preferred ‘Order Type’ (e.g., Market or Limit).
Specify the amount you want to trade.
Adjust leverage settings:
Click the pencil icon next to ‘Margin Type’ in the order form.
Select ‘Isolated’ as the margin type.
Adjust the leverage to your desired level.
Complete your order:
Decide whether to ‘Buy’ or ‘Sell’ the asset based on your market outlook.
Click ‘Place Buy/Sell Order’ to confirm the trade.
Important tips for managing leverage
Start low if you’re new to leverage: Higher leverage increases both potential profits and risks. Beginners should consider starting with lower leverage levels to minimize exposure.
Monitor market conditions: Adjust your leverage based on market volatility. Lower leverage may be more appropriate during highly volatile periods.
Use risk management tools: Combine leverage adjustments with stop-loss and take-profit orders to safeguard your trades.
Check your margin requirements: Higher leverage reduces the required margin but increases the risk of liquidation if the market moves against your position.
By providing the flexibility to customize leverage, PrimeXBT ensures that you can tailor your trading approach to your goals and market conditions.