How do I set my Leverage and Risk Limit? (APP)

All contract orders or positions can be set with isolated or cross margin. To learn more about these concepts, please read “What is Cross and Isolated Margin?”

To become familiar with how to place a contract order, please first read “How do I place a Perpetual Contract Order? (APP)”

Cross Margin and Risk Limit

To set and adjust these settings, perform the following steps:

1. Open the Phemex App and log in to your account.
2. Tap the 100x Icon in the center of the bottom navigation bar.
3. Tap the hamburger menu (three horizontal lines) at the top left of the screen to display a list of all contracts. The default contract selected is the BTC-Margined BTCUSD inverse contract.
4. Select the contract you wish to trade.
5. Tap either the Long or Short button.
6. Tap the margin option on the top right of the screen. By default, the option is set to Cross.
7. Tap the Risk Limit option and select the desired number.
8. Tap the Confirm button.
9. Your new margin and risk limit preferences have now been set. To complete the remainder of the order follow the instructions in the “How do I place a Perpetual Contract Order? (APP)” guide.

Isolated Margin and Leverage

To set and adjust these settings, perform the following steps:

1. Open the Phemex App and log in to your account.
2. Tap the 100x Icon in the center of the bottom navigation bar.
3. Tap the hamburger menu (three horizontal lines) at the top left of the screen to display a list of all contracts. The default contract selected is the BTC-Margined BTCUSD inverse contract.
4. Select the contract you wish to trade.
5. Tap either the Long or Short button.
6. Tap the margin option on the top right of the screen and select Isolated.
7. Enter your desired leverage multiplier or adjust using the slider.
8. Tap the Risk Limit option and select the desired number.
9. Tap the Confirm button.
10. Your new margin, leverage, and risk limit preferences have now been set. To complete the remainder of the order follow the instructions in the “How do I place a Perpetual Contract Order? (APP)” guide.