OKX Learning HandbookDistilled from official docs

How do I trade smart with the right leverage?

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At OKX, your asset security and long-term PnL are extremely important to us. As

At OKX, your asset security and long-term PnL are extremely important to us. As setting a high copy trading leverage can bring significant risks, we recommend keeping your copy trading leverage at 20x or lower to protect your assets and avoid potential losses.

What are the risks of high copy trading leverage?

Checklist

  1. How do I decrease my leverage?
  2. When creating a new trade, enter the Copy trading > Market board and select a trader to copy
  3. Select Copy now > Advanced settings > Contract settings > Leverage
  4. Select Copy on the Copy trading main page to kickstart the process
  5. Select Copy to access the Advanced setting option
  6. Select Advanced to view all the options for the settings
  7. Select Advanced to enable the details of the Contract settings and select it to view the list of leverage
  8. Enter Copy trading > Market board
  9. Select My copies > My traders > Edit > Advanced settings > Futures settings > Leverage
  10. Select My copies on the Copy trading main page and follow the same steps as in the Option 1 process
  11. Set the leverage for each individual's futures on the manual trading page.

Notes

Our copy trading data shows that an increasingly high number of copy traders have had trades liquidated due to excessively high leverage. Generally speaking, setting a high leverage puts you at a much higher risk of experiencing liquidation and losing your margin.

Higher risk of liquidation and margin loss await if a higher leverage is set

Historical data shows that the main risks of high leverage are as follows:

Extreme fluctuations: A high leverage amplifies the impact of market fluctuations, which can result in much higher losses.

Details follow the official OKX help article; this page is a learning checklist, not an official mirror.

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OKX step guides and risk notes. Official docs prevail when details differ.

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