Leverage

Leverage lets you control a larger position than your account balance alone would allow, by putting down a fraction of the position's full value as margin.

Leverage amplifies both potential gains and potential losses. A leveraged position moves more than an unleveraged one for the same change in the underlying reference price, which means losses can exceed your initial deposit in some cases.

We encourage every trader to fully understand the leverage available on each instrument before opening a position, and to size positions according to their own risk tolerance rather than the maximum leverage on offer.