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Hello i am a new trader i am registered with fxpro they ofer a leverage of 1:500 means if i have 100$ i will be shown 50000 but it is not they told it will not show on screen i heard that we have to set leverage on placing order so were is it in metatrader plz help

leverage problem

Hello i am a new trader i am registered with fxpro they ofer a leverage of 1:500 means if i have 100$ i will be shown 50000 but it is not they told it will not show on screen then i asked i more thing if i have 100 in 1:500 and 50000 in 1:1 it will act as same no but i dont think so because in 100 i