Leverage by Instrument: How Much Leverage Each Product Offers
Your trading account has one leverage setting: 1:200 or 1:400. Every instrument also has its own maximum leverage. On each trade you get the lower of the two, so the leverage you receive is never higher than the leverage you chose, and never higher than the instrument allows.
Leverage and margin by instrument
| Instruments | Maximum leverage | On a 1:200 account | On a 1:400 account |
|---|---|---|---|
| Major and minor currency pairs (28 pairs): every pair between USD, EUR, GBP, JPY, CHF, CAD, AUD and NZD, e.g. EURUSD, GBPUSD, USDJPY, EURJPY, GBPJPY, AUDNZD | 1:400 | 1:200 (margin 0.5%) | 1:400 (margin 0.25%) |
| Exotic currency pairs (9 pairs): USDCNH, USDHKD, USDMXN, USDNOK, USDPLN, USDSEK, USDSGD, USDZAR, SGDJPY | 1:200 | 1:200 (0.5%) | 1:200 (0.5%) |
| Gold: XAUUSD | 1:200 | 1:200 (0.5%) | 1:200 (0.5%) |
| Major US and German indices: US30, US100, US500, GER30 | 1:200 | 1:200 (0.5%) | 1:200 (0.5%) |
| Oil: WTI, BRENT | 1:100 | 1:100 (1%) | 1:100 (1%) |
| Other indices: UK100, JAP225, AUS200, EU50, FRA40, HKIND, US2000, CHNIND, USDIDX | 1:50 | 1:50 (2%) | 1:50 (2%) |
| Other metals: XAGUSD (silver), XPTUSD (platinum), XPDUSD (palladium), COPPER, ALUMINIUM | 1:50 | 1:50 (2%) | 1:50 (2%) |
| Agricultural commodities: COCOA, COFFEE, CORN, COTTON, SOYBEAN, SUGAR, WHEAT | 1:50 | 1:50 (2%) | 1:50 (2%) |
| Bitcoin and Ethereum against the US dollar: BTCUSD, ETHUSD | 1:40 | 1:40 (2.5%) | 1:40 (2.5%) |
| Stock CFDs (all 161 US and European shares) | 1:10 | 1:10 (10%) | 1:10 (10%) |
| Other crypto: ADAUSD, ALGUSD, AVEUSD, AXSUSD, BCHUSD, BNBUSD, BSVUSD, BTCEUR, DOGUSD, DOTUSD, DSHUSD, ETHEUR, LNKUSD, LTCUSD, SHBUSD, SOLUSD, THTUSD, TRPUSD, TRXUSD, UNIUSD, XLMUSD, XMRUSD, XRPEUR, XRPUSD, XTZUSD | 1:2 | 1:2 (50%) | 1:2 (50%) |
The margin in brackets is the share of the position value you need to open the trade.
🔹 Only the major and minor currency pairs depend on your account leverage. For every other instrument the margin is the same whether your account is set to 1:200 or 1:400.
🔹 Bitcoin and Ethereum priced in euros (BTCEUR, ETHEUR) are in the Other crypto group, not with BTCUSD and ETHUSD.
Examples
- EURUSD, 1 lot. One lot is 100,000 euros. With EURUSD at 1.1556 that is worth 115,560 USD. On a 1:400 account the margin is 115,560 ÷ 400 = 288.90 USD; on a 1:200 account it is 577.80 USD.
- Gold, 0.01 lot. 0.01 lot of XAUUSD is 1 troy ounce. With gold at 4,300 USD the margin is 0.5% of 4,300 = 21.50 USD on either account.
- SOLUSD, 1 lot. One lot is 1 SOL. With SOL at 97 USD the margin is 50% of 97 = 48.50 USD on either account.
Leverage levels can change
Maximum leverage follows market and liquidity conditions and can be changed, including on positions that are already open. The Client Agreement allows the Company to apply margin requirements and leverage restrictions and to modify trading conditions where necessary (Client Agreement V7, section 14.3). If a maximum is lowered while you hold a position, the margin on that position rises and your free margin falls straight away.
Where to check the current figure in WebTrade
- Margin for your trade: in the Place Order panel, the Margin line under the Sell and Buy buttons shows the margin needed for the volume you have entered, before you send the order.
- Margin rate of an instrument: in the Place Order panel, click the instrument name with the ⓘ icon (next to the order type) to open its contract specifications, then the Margin & Trading tab. Under Margin rates, a value below 1 is the margin as a share of the position value (0.005 = 0.5%). For the major and minor currency pairs the value is 1, which means the margin is the position value divided by your account leverage.
Related articles
- Trading Costs: Commission, Spread and Swap
- Margin, Stop-Out and Liquidation
- Balance and Equity in Forex
- Trading Guide
Figures as of 16 September 2026. Source: Client Agreement V7, sections 9.3 and 14.3. This article summarises trading conditions for convenience — where it differs from the signed documents, the documents prevail.