Despite the crucial role of nickel (Ni) in the plant metabolism, small increases in its concentration can cause leaf tissues injury. This study identified the highest dose of Ni foliar-applied that does not cause toxicity to soybean plants. Plants were sprayed with five Ni doses (0, 30, 60, 120, and 240 g.ha(-1)). At 1, 3, and 5 days after spray (DAS), the malondialdehyde (MDA), superoxide (O-2(-)), hydrogen peroxide (H2O2), and photosynthetic pigments concentrations, antioxidant enzymes activities, and gas exchange and chlorophyll (Chl) alpha fluorescence parameters were determined. Symptoms of Ni toxicity started at 120 g.ha(-1) Ni and intense foliar necrosis occurred at 3 DAS. The concentrations of O-2(-), H2O2, and MDA were significantly higher by 49% at 3 DAS, 47% at 3 DAS, and 19% at 5 DAS, respectively, for plants sprayed with 120 g.ha(-1) Ni and by 48% at 3 DAS, 48% at 3 DAS and 18% at 5 DAS, respectively, for plants sprayed with 240 g.ha(-1) Ni. Higher antioxidant enzymes activities and lower Chl alpha and Chl b concentrations occurred for plants sprayed with either 120 and 240 g.ha(-1) Ni compared to the other Ni doses. Decrease on energy destined to photochemical process [Y(II)] (8 and 8% at 5 DAS) and increase on the dissipation of energy by the nonregulated process [Y(NO)] (15 and 15% at 5 DAS) occurred for plants sprayed with 120 and 240 g.ha(-1) Ni, respectively. The Ni doses above 120 g.ha(-1) promoted oxidative stress to the plants and affected the functionality of their photosynthetic apparatus. Doses below 60 g.ha(-1) had a low risk of toxicity to plants without causing any biochemical or physiological damage.