Exness Leverage Explained (2026): Unlimited Leverage Conditions and Cashback

Short answer: Exness lets you set leverage from 1:2 up to 1:Unlimited, as published by Exness on 10 October 2026. Unlimited leverage is only for real accounts with equity below USD 5,000, after at least 10 closed orders totalling 5 lots, and only on eligible instruments such as major and minor Forex pairs, gold and silver. Leverage does not change your cashback: the rebate is paid per lot traded, so 1 lot of XAUUSD on a Standard account returns up to $15.5 at 1:100 or at 1:Unlimited.

Last updated: 10 October 2026 · Reviewed by the OG Cashback Support team

What is leverage on Exness?

Leverage sets how much margin Exness holds when you open a position. At 1:100, you need margin equal to 1/100 of the position value. At 1:1000, you need 1/1000. Higher leverage means less margin for the same position.

Leverage does not change how much a position gains or loses when the price moves. That depends on the lot size. What leverage changes is how large a position you can open with the money in your account. This is where the risk grows: with high leverage, a small account can hold a position large enough to lose all of its equity on a normal price move.

Lot size is explained in our guide to Exness lot size. The worked example further down shows both effects with real numbers.

Exness leverage levels at a glance

Exness sets a maximum leverage for each account based on its equity, and separate limits for some instrument groups. The table shows the levels Exness publishes.

Source: Exness Help Centre (Leverage; Unlimited leverage), as published by Exness on 10 October 2026. Exness may change these levels at any time. Check the current value in your Exness Personal Area or the Exness Help Centre before relying on it.

How Exness leverage changes with your equity

Exness links the maximum leverage to the equity of each trading account. Equity is your balance plus or minus the result of open positions. While equity stays below USD 5,000, the account can use up to 1:2000, or 1:Unlimited if it meets the conditions in the next section. From USD 5,000 to USD 29,999.99, the maximum is 1:2000 (Exness Help Centre, 10 Oct 2026).

For equity of USD 30,000 and above, we do not publish a figure, because we could not confirm it on an official Exness page. If your account is growing toward these levels, read the current leverage rules in the Exness Help Centre.

In practice this means the leverage available to you can change as your equity changes. A deposit, a withdrawal or a large gain or loss can move the account into a different tier.

Exness unlimited leverage: the conditions

Unlimited leverage is not available on every account. As published by Exness on 10 October 2026, a real account must meet all of these conditions:

• Equity below USD 5,000.
• At least 10 closed orders, with a combined volume of 5 lots (500 cent lots). Pending orders do not count. Exness counts the orders across all your real accounts.
• Only eligible instruments get unlimited leverage: major and minor Forex pairs, DXY, USDCNH, HKDJPY, USDHKD, USDTHB, and gold (XAU) and silver (XAG) pairs. All other instruments are not eligible and use their own, lower, leverage.

Exness also states that Stop Out Protection may not be available on accounts that use unlimited leverage. With unlimited leverage, very little margin supports a position, so the account has very little room before a price move uses up its equity.

Source: Exness Help Centre (Unlimited leverage), as published by Exness on 10 October 2026. Check the current value in your Exness Personal Area or the Exness Help Centre before relying on it.

These conditions come from Exness, not from us. As a cashback partner, we cannot change your leverage, make an account eligible for unlimited leverage, or see your leverage setting.

When Exness raises margin requirements

Exness can require more margin than your leverage setting would normally need. It calls these periods Higher Margin Requirements (HMR).

• Weekends and holidays: for most instruments, from about 3 hours before the market closes until about 1 hour after it reopens, Exness calculates margin with lower leverage than usual (Exness Help Centre, 10 Oct 2026).
• Cryptocurrencies such as BTC and ETH trade every day, so the weekend period does not apply to them.
• Exness may also lower leverage around major news releases.

If you hold positions into a weekend or a major news release, your account needs more free margin than on a normal trading day. If the margin level falls too far, Exness can close positions at stop out. Check the current rules in the Exness Help Centre before relying on them.

Leverage risk: what higher leverage really does

Leverage multiplies losses as well as gains. Higher leverage does not make a trade safer or more likely to win. It only lets you open a larger position with the same equity, and a larger position loses more on the same price move. Cashback does not reduce this risk. It is paid per lot traded and is small compared with the losses that a leveraged position can produce.

Worked example: one EURUSD account, two leverage settings

Assume an account with USD 500 of equity, trading EURUSD at an illustrative price of 1.1000. One lot of EURUSD is 100,000 euros, so one lot is worth USD 110,000. On a pair quoted in USD, one pip on 1 lot is worth USD 10.

How we calculate: margin = 100,000 × 1.1000 ÷ leverage. Loss = 50 pips × USD 1 per pip on 0.1 lot, or × USD 10 per pip on 1 lot. Spreads, commission, swap and the HMR periods above are not included. The price and the move are illustrative. Cashback is our published maximum per lot on a Standard account; on 0.1 lot it is one tenth of that figure.

The margin is the same, USD 110, in the first and last rows. The risk is not. At 1:1000, the same USD 500 account can open a position ten times larger, and a 50-pip move, which can happen in a single session, removes the whole USD 500. Exness may close the position at stop out before the full amount is lost, but most of the equity would already be gone.

The cashback on that 1-lot trade is up to $4.77. It does not offset a loss of USD 500. Choose a position size you can afford to lose, then choose leverage; never the other way round. To see how costs and cashback change your breakeven win rate, read risk reward ratio after costs.

Does leverage affect your Exness cashback?

No. Cashback is paid per lot traded, and your leverage setting is not part of the calculation. Exness pays its partner a commission on each trade. On Standard, Standard Cent and Pro, it is a share of the spread revenue. On Raw Spread and Zero, it is a fixed amount per lot, per side, set by Exness for each instrument. We return 90% of that commission to you and keep 10%.

Maximum figures: 90% of the partner commission at the top Exness partner tier; on Standard, Standard Cent and Pro the amount moves with the spread at execution. Exness sets the partner commission and may change it.

Example: 1 lot of EURUSD a day on a Standard account returns up to $105 a month over 22 trading days ($4.77 × 1 lot × 22 days), whether the account uses 1:100 or 1:Unlimited. Try your own volume in the Exness cashback calculator, and see every instrument on Exness account types and cashback rates.

Because leverage lets you open larger positions, it can increase the lots you trade, and so the cashback. That is not a reason to use more leverage. A larger position carries a larger risk of loss, and that risk is far bigger than the extra cashback. Cashback lowers your trading costs; it does not make trading profitable.

How to set leverage on an Exness account

You choose the maximum leverage when you create a trading account. It is one of the fields in the Exness account creation form, next to the account currency and the platform (Exness Help Centre, 10 Oct 2026). For changing the leverage of an existing account, follow the current steps in the Exness Help Centre, because Exness may update its interface.

• Pick the leverage that fits your position size and risk limit, not the highest setting available.
• Remember that Exness may apply lower leverage than your setting, because of your equity tier, the instrument, or an HMR period.
• Leverage is a trading setting. It is not part of the partner connection, so changing it does not change which partner your account is under.

If you are opening a new account, our step-by-step guide to opening an Exness account covers account type, currency and leverage. For trading costs by account type, see Exness spreads and fees.

Getting cashback at any leverage

• New to Exness: open your Exness profile through our link, then open the trading account you want, with the leverage you choose.
• Already with Exness: ask Exness live chat for a partner change to our Partner ID. After Exness's confirmation email, open a new trading account. Accounts opened before that email stay with your previous partner. Details: how to change your Exness partner.
• Check that the new account is connected with the free Exness rebate checker. A connected account shows up within minutes; if it is not found after about 30 minutes, it is not under us.
• The cashback is credited once a day to the trading account that traded, as a separate record, not in the profit of each order. See when and where your cashback appears.

The service is free, with no minimum volume and no cap, and it counts from 0.01 lot. OG Cashback is an independent partner, not Exness. Exness alone sets leverage, margin and stop out rules. For the Exness companies and their licences, see is Exness regulated.

Frequently asked questions