FXON Trading Rules Does leverage change automatically based on margin balance?
This article was :
Published in 2024.07.02
Updated in 2024.12.12
No, at FXON, leverage is automatically adjusted based on your equity, not on your balance.
Once your equity reaches a certain threshold, the leverage for major and minor forex pairs, as well as metal CFDs, will be automatically reduced to help manage your risk. For example, if your equity exceeds $7,000/€6,000/¥1,000,000, the maximum leverage will decrease from 1,000x to 500x.
If you have multiple accounts, leverage will be set individually for each one. The new leverage will also apply to open positions to effectively manage risk. Please refer to the table below for maximum leverage by equity.
1. Forex pairs (major and minor)
Equity | Maximum leverage |
Less than $7,000/€6,000/¥1,000,000 | 1,000x |
$7,000/€6,000/¥1,000,000 less than $50,000/€42,000/¥7,000,000 | 500x |
$50,000/€42,000/¥7,000,000 less than $200,000/€168,000/¥28,000,000 | 250x |
$200,000/€168,000/¥28,000,000 and above | 100x |
Equity | Maximum leverage |
Less than $7,000 Less than €6,000 Less than ¥1,000,000 | 1,000x |
$7,000 less than $50,000 €6,000 less than €42,000 ¥1,000,000 less than ¥7,000,000 | 500x |
$50,000 less than $200,000 €42,000 less than €168,000 ¥7,000,000 less than ¥28,000,000 | 250x |
$200,000 and above €168,000 and above ¥28,000,000 and above | 100x |
2. Metal CFDs
Equity | Maximum leverage |
Less than $7,000/€6,000/¥1,000,000 | 500x |
$7,000/€6,000/¥1,000,000 less than $50,000/€42,000/¥7,000,000 | 250x |
$50,000/€42,000/¥7,000,000 less than $200,000/€168,000/¥28,000,000 | 100x |
$200,000/€168,000/¥28,000,000 and above | 50x |
Equity | Maximum leverage |
Less than $7,000 Less than €6,000 Less than ¥1,000,000 | 500x |
$7,000 less than $50,000 €6,000 less than €42,000 ¥1,000,000 less than ¥7,000,000 | 250x |
$50,000 less than $200,000 €42,000 less than €168,000 ¥7,000,000 less than ¥28,000,000 | 100x |
$200,000 and above €168,000 and above ¥28,000,000 and above | 50x |
The maximum leverage for exotic pairs is 50x, meaning it does not vary based on your equity. Other CFDs, such as energies and indices, have a fixed leverage.
For more details on leverage at FXON, please refer to the following articles.
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