How to Change Leverage on MT4

You might need to adjust your leverage setting on MT4 at some point. This guide shows how to do it safely through your broker, not the terminal.

Leverage changes the distance between you and liquidation. Not profit potential. If the market moves against you, that distance can shrink fast.

Since MT4 is not a broker, it’s purely a trading terminal that you connect to your broker account, you can’t change the multiplier from the MT4 terminal.

You need to change the ratio with your forex broker to change the ratio on MT4.

Some brokers won’t let you change your it at all.

For example, forex broker IG has commented and said “The leverage we offer is fixed. Unfortunately it can’t be changed” as seen in the screenshot below:

Key takeaways

How to change leverage on MT4 – Step by step

To change the leverage on MT4, you need to change the ratio with your forex broker.

Below is a quick guide on how to change your leverage ratio on MT4 that works on all forex trading platforms:

Step 1.

First, log in to your forex broker account.

For example, if you have an account with Forex.com, login to the account.

Step 2.

Navigate to the ‘My Account’ section.

The ‘My Account’ section can be found in the main menu.

Step 3.

Inside the ‘My Account’ section, go to live accounts.

Choose your account and click ‘Change Leverage’.

Step 4.

Fill in the ‘Margin Change Request Form‘ and choose the multiplier you want.

Here you need to fill in the correct account information that corresponds with your live account information.

The request document asks you to fill in the new margin requirement that you wish to use.

If you are not sure how to calculate leverage in forex you can use a leverage calculator to find out what margin requirement you are going to use.

Optional way to do it

An optional way to change credit on MT4 f you are a client with Forex.com is to email the customer support team and ask them to change it for you.

Forex.com’s email address is globalsupport@forex.com

Inform them of the new ratio you want to use and in the case of Forex.com, provide the new margin requirement as well.

There is no “optimal” ratio. The correct level depends on strategy, volatility, and the distance required to keep liquidation away from your entry.

The choice should come from calculated risk per trade, not how long someone has been trading.

Both these ways will effectively change the ratio on your MT4 terminal.

How to change it on a demo account

If you are simply testing the MT4 trading terminal on the demo account and you wish to change the multiplier, do like this:

Step 1.

Inside the demo account, click the ‘Person’ icon to open the account setting.

This will open the account tab to the left of the trading chart.

Step 2.

Click the ‘Plus’.

The ‘Plus’ sign is located in the top right corner of the account setting tab.

Step 3.

Click ‘Open a demo account’.

Step 4.

Click ‘MetaQuotes-Demo’.

Step 5.

Click ‘Leverage’.

Step 6.

Select the ratio you want.

Why this matters to traders

Leverage only changes how much margin supports a position. It doesn’t make a trade better or easier to control.

If $500 supports a 1:100 account, the broker is simply letting you open a large position with very little margin. That also puts liquidation extremely close.

Some brokers automatically assign a very high ratio to every new account. Reducing it can increase the distance before a forced liquidation.

This is typically anywhere from 1:200 to 1:500.

High leverage doesn’t create volatility. It just makes tiny movements enough to close your account.

At extreme settings, even a fraction of a percent against you can trigger forced exit. That’s not trading room. That’s survival pressure.

This means that if you open a trade in the forex market and the market goes against you by only 0.20%, your account will be liquidated by overleveraging.

It happens because traders underestimate how narrow liquidation becomes at extreme ratios. It has nothing to do with market skill. It’s math.

If the broker won’t let you adjust your leverage, at least calculate the exact liquidation distance before opening a position. Never enter without knowing it.

Different broker requirements

As mentioned earlier in the article, different brokers have different rules on how to change leverage on MT4 and in their terminals.

To find out your broker requirements, follow this guide:

1. Log In: Go to the website of your forex broker and login to your account.
2. Account Section: Look for the “Account Section” or a similar option.
3. Multiplier Change Form: If required, complete the provided request form.
4. Documentation: Submit any requested documents, such as ID or proof of residence.
5. Request Submission: Submit the form and documents as per your broker’s instructions.
6. Confirmation Email: Keep an eye on your email for a confirmation of receipt.
7. Processing Time: Be patient while your broker reviews your request; they’ll specify the expected processing time.
8. Approval Notification: You’ll receive a notification when your request is approved, confirming the new level.
9. Check Account Settings: Verify the new level within your MT4 account settings.

That is a general guide on how different brokers will handle a request from one of their clients, hope it helps.

Conclusion

This article has been a practical guide on how to change leverage on MT4 with a step-by-step guide.

The easiest way to change the multiplier when trading forex is to contact your forex broker and ask them to change it for you.

Changing leverage doesn’t eliminate risk. It only moves your liquidation line farther or closer. You still need strict sizing and stop placement.