Leverage on an Exness Account — Margin, Free Margin and the Stop-Out Line — Kyrgyzstan

Minimum deposit applicable; may vary based on payment method or geographic location.

Account conditions that decide how much room a position has

• Most withdrawals are processed automatically, 24/7 — processing times may vary
• Low entry: open a Standard or Standard Cent account with no minimum initial deposit
• Raw spreads from 0.0 pips on the Raw Spread and Zero accounts
• Negative balance protection — losses are limited to the funds you deposit
• Swap-free (Islamic) accounts available
• MT4, MT5, the Exness Terminal web platform and the Exness Trade app
• USD-based accounts — practical for traders in Kyrgyzstan

Processing times may vary depending on the chosen payment method.

Where the same numbers turn up again

The arithmetic on this page reappears on fees & costs, on what you can trade, in the margin calculator, on gold trading and at account opening, where the leverage applied is first set.

Exness — the short version on margin

Exness has been running since 2008, and the part of it that matters for this page is plumbing rather than marketing: a Standard or Cent account can be opened with no minimum initial deposit, the Raw Spread and Zero tiers quote from 0.0 pips, and negative balance protection limits a loss to the funds deposited. None of that changes the sequence described above — margin is held, free margin absorbs the swing, and when the cushion runs out the platform closes positions on its own. Independent accounts of how that feels in practice sit in the Exness reviews on Trustpilot. CFDs carry a high risk of losing money — confirm the latest terms before depositing.

What margin is holding while a trade is open

Margin is not a cost and it is not a fee. It is a part of the balance that stops being available for anything else while a position is open, and it comes back the moment the position is closed. The size of that reservation is the only thing leverage changes: the same trade, at a higher leverage setting, holds less of the balance and leaves more of it free.

What leverage does not change is the position itself. A trade of a given size gains and loses the same amount per tick regardless of how much margin it happened to reserve. This is where the word accelerator misleads: raising leverage does not make a position move faster, it makes the account able to carry more of them at once — which is a different decision, taken quietly, usually without being framed as one.

Equity is the number that actually moves. It is the balance adjusted by the running profit or loss on everything open, so it changes on every tick even when nothing is being traded. Free margin — equity minus the margin in use — therefore drifts all day on its own. An account can go from comfortable to tight without a single new order.

The point at which the account stops asking

Margin level is equity divided by the margin in use, shown as a percentage. At 1,000% the account is carrying ten times the reservation its open trades require; at 100% equity and margin are equal and there is nothing spare left at all. Because equity is the moving part, the percentage falls when open positions lose, and it also falls when a new position is added — the denominator grows.

Two thresholds sit below that. The first is a warning level, at which new positions can no longer be opened. The second is the stop-out level, at which the platform begins closing open trades by itself to bring the ratio back. Neither is a decision the trader takes at the time; both are settings that were already in place before the position was opened, which is exactly why they are worth reading beforehand.

The practical consequence is that a position can be closed while the original idea behind it is still intact. Nothing about a stop-out judges direction — it judges the ratio between equity and reserved margin. A trade sized so that an ordinary adverse swing eats the entire free margin has, in effect, handed the exit decision to arithmetic.

Room left unused is the part that stays yours

The gap between the margin a position holds and the equity behind it is the only buffer an account has. It is what pays for the noise between an entry and the outcome, and it is spent by three things: an open loss, a second position opened alongside the first, and a rise in the margin an instrument requires.

This is why the same balance behaves very differently depending on how much of it is committed. Two accounts holding identical positions but different amounts of free margin are not taking the same risk in any sense that matters; one of them can sit through a swing and the other cannot, and the difference shows up only when the swing arrives.

Negative balance protection sets a floor under all of this: losses are limited to the funds deposited, so the account cannot end up owing more than it holds. It is a backstop, not a substitute for leaving room — by the time it becomes relevant, the positions have already been closed. Trading is high-risk; use only money you can afford to lose.

Working out what a position will hold before opening it

1. Start from the size of the position in the instrument's own units, not from the amount you intend to risk.
2. Divide that value by the leverage applied to the instrument to get the margin the position will reserve.
3. Subtract the reservation from current equity — what is left is the free margin the position will have behind it.
4. Ask what an ordinary adverse move for that instrument does to equity, and take the answer off the free margin.
5. Compare what survives with the level at which closing begins. If the two numbers are close, the size is the thing to change, not the leverage setting.
6. Repeat the check before adding a second position: the reservations add up, while the equity behind them does not.

Indicative arithmetic only. The leverage applied depends on the instrument, the account and the current exposure; confirm the live figures in the Personal Area before trading.

Five figures and the question each one answers

Definitions, not quotes: the live values for an account are shown in the Personal Area and the trading platform.