Margin and Leverage
The leverage we offer varies depending on what you want to trade, reaching as high as 1:50 on pairs like EURUSD. The maximum leverage available is determined by the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC), based on the liquidity and risk profile of each currency pair, but can be lower depending on current market conditions.
Our margin requirements
Looking to open a leveraged forex trade? See how much margin you need to set aside for each of the pairs we offer and plan your trade accordingly.
What is margin?
Margin is the money you need to have in your account to open a leveraged trade.
Let's say, you deposited $100 and wanted to open a $2,000 trade on USDCAD at 1:50 leverage. The margin required would be 2%. This means you'd need $40 set aside to place your trade. This $40 is known as required margin.
From your original $100 deposit, the $60 you'd have remaining is known as free margin - money in your account that can be used to open new or maintain existing trades. Every time you open a new trade, you have to meet the margin requirement, and your free margin goes down. Depending on market movements, the margin requirement for your trades may increase or decrease, so always make sure your account is adequately funded.