Are Open Trades Affected?

Yes. A change in your applicable leverage may affect both new trades and existing open positions. The leverage available when you open a position is not guaranteed to remain unchanged for the life of that trade.

• Margin required to maintain open positions may increase or decrease.

• Free margin and margin level may change.

• Positions may be closed automatically if your margin level falls to the stop out level of 70%.

Can Leverage Changes Cause Stop-Outs?

Yes. A margin call is issued at a margin level of 100%, and positions begin closing automatically at the stop out level of 70%. A reduction in leverage may increase required margin, reduce free margin and lower your margin level. This can trigger the automatic closure of some or all positions under the applicable stop-out rules, even without an adverse move in market prices.

If leverage later increases, positions already closed will not reopen automatically, and realized losses will not be reversed.

How Does Lower Leverage Affect Margin?

For a position with a notional value of $10,000, margin would be $5 at 1:2000 leverage and $10 at 1:1000 leverage, assuming a simple notional-value ÷ leverage calculation.

This is an illustration only. Actual margin depends on the instrument, account currency and applicable trading conditions. For the same position size, a change in leverage changes the margin requirement, not the profit or loss from each price movement.

Frequent Balance Changes

If your balance repeatedly moves between tiers, the applicable leverage limits may adjust up or down. Deposits, withdrawals, transfers and closing positions can all cause a tier change. This may affect the margin needed for existing positions and the size of new trades you can open.

Key Consideration

Always monitor:

• Account balance and the next tier threshold.

• The leverage limit for each asset class you trade.

• Equity, free margin and margin level.

• Position size and the effect of any planned balance change.

Maintain sufficient funds to support your positions and allow for changes in margin requirements.

During News and Weekend Restriction Windows

From 1 October 2026, the maximum leverage on Dynamic Leverage accounts is reduced to 1:300 for Forex and 1:100 for Metals & Indices during designated high-impact news events and weekend market closures. The tiers on this page apply outside those windows. See News & Weekend Risk Controls for the full details.