Floating leverage is a dynamic way of calculating leverage and margin on the platform.
Instead of using one fixed leverage for all trades on an instrument, the system adjusts leverage based on the total trade amount of your open positions for that instrument.
This gives traders more flexibility while keeping risk under control.
What is floating leverage?
Floating leverage means that your leverage changes depending on how big your total position is on an instrument.
Here’s how it works:
Small trades = highest leverage (for example, 1:500)
Bigger trades = lower leverage (for example, 1:200 → 1:100 → 1:50 → 1:20)
The system adjusts everything automatically
Bigger exposure = more margin required
💡 Tip: Floating leverage helps prevent large exposures from using extremely high leverage, improving risk management.
How is floating leverage calculated?
Floating leverage is based on the trade amount — the monetary value of your open trades for the instrument.
Formula:
Trade amount = Lots × Contract size × Price × conversion to account currency (Currency rate)
Example 1
Example 1
If your trade amount is calculated as 35,145 USD, this value helps determine which leverage applies to your exposure, including any other open trades you have on the same instrument.
When you don’t have open trades, you may receive the maximum leverage available for that instrument.
💡 The system does not switch your entire trade to one leverage level.
Instead, your total exposure is divided into ranges, and each range uses its own leverage. This means that a single position can utilize multiple leverage levels simultaneously.
You can view your trade amount and maximum leverage in the terminal:
How do different leverage levels apply?
Example 2
Example 2
Let’s say your total trade amount on an instrument increases to 175,746.6 USD.
In this case, only part of your exposure will receive the highest leverage available.
The remaining portion will use the next leverage level.
This happens automatically:
The first portion of the exposure receives the highest leverage
The next portion receives a lower leverage
Margin is calculated separately for each portion and then added together
💡 This shows that one trade can use several leverage levels at the same time.
How to check your leverage
In the trading interface, you can see:
Maximum leverage
Current leverage (based on your current exposure)
Leverage steps for that specific instrument
Trade amount, which determines the step you fall into
These values update in real time as you open or close trades.
You can find the leverage steps and current leverage for each instrument in the Instrument Overview.
Why does my leverage decrease?
Your leverage decreases when your total exposure becomes large enough to move into lower-leverage steps.
This can happen when:
You open additional trades
You increase the lot size
Price movement increases your trade amount
Floating leverage prevents large exposures from using very high leverage levels.
What happens if I close one of my positions on an asset?
When you reduce your total exposure by closing one of your active positions:
The system recalculates your trade amount.
Your margin requirement may decrease.
You may move back into a higher-leverage step.
Everything updates instantly in the platform.
Things to take into account 💡
Floating leverage changes automatically based on your total exposure.
Small positions receive the highest leverage; larger ones move to lower steps.
Your margin may increase when your exposure grows.
Some instruments use fixed leverage — always check the instrument details.
Leverage is not shown for pending orders until they are executed.
Hedged positions are calculated using VWAP (volume-weighted average price) and may affect leverage steps.
VWAP is a way to calculate one average entry price for all your open trades on the same instrument.
The platform uses that combined value to determine which leverage applies.Maximum leverage cannot increase—it only decreases with higher exposure.