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How does leverage work on WunderTrading?
How does leverage work on WunderTrading?

This article explains how our bots and tools are working with the leverage, provided by exchanges.

Jacob avatar
Written by Jacob
Updated over a month ago


How it works?

DCA Bot, Grid Bot, AI Bot and Pump Screener

WunderTrading sends only the position size to the exchange. However, this does not prevent you from opening leveraged positions.

The value you enter in the Amount per Trade field determines the size of the position opened on the exchange. The actual leverage applied depends primarily on your exchange's leverage settings.

Example:
If you set Amount per Trade to $100, a $100 position will be opened on the exchange. If your selected trading pair is set to 10x leverage on the exchange, the position will effectively be 10$ 10x. Importantly, the funds used are precisely the amount you specified in the Amount per Trade field. To ensure the correct leverage is applied, adjust your leverage settings directly on the exchange before executing a trade.


Signal bot and Terminal

Signal Bot and Terminal allow you to specify the leverage you wish to apply to a position. However, it’s important to note that the leverage function operates as a position size multiplier rather than adjusting leverage in the conventional sense. For instance, if your available margin for a pair with leverage is $1,000, and you attempt to open a position valued at $1,200, the system will return an error message. Therefore, it is crucial to ensure that sufficient margin is available before placing an order.

Plans are underway to enable the direct transmission of leverage information to the exchange in the near future.


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