How to set leverage in Paper Trading

By using leverage, you can trade larger amounts of money than you actually hold. This can be especially useful if you’re an active trader seeking consistent returns with smaller investments. However, such strategies also carry significantly higher risk, and Paper Trading allows you to practice in conditions that closely resemble real markets.

By default, the fields are pre-filled with leverage values commonly used by brokers and exchanges. For example, the margin for E-mini S&P 500 futures is 5%, which corresponds to a default leverage of 20:1.

You can set leverage values for each asset class individually. To do this, select a value from the drop-down list for the desired asset class.

Once an account is created, the selected leverage will be applied to every order placed in that account. You can always change the leverage in the account settings. To do this, find the gear button next to the account name.

You can also set different leverage parameters for multiple accounts.

Important: The higher the leverage, the more borrowed funds you use, and the greater the risk of loss. We recommend practicing with Paper Trading first to manage your risks before engaging in real-money trading.