Trading with leverage (also known as margin trading) means trading securities by putting down only a percentage of the total value of the position.
For example, a trade with a deposited amount of $1,000 and a leverage of x10 results in an exposure of $10,000. The margin is $1,000, which equals 10%.
Leveraged trading can give you access to positions of a higher value than the funds in your account. This means that both profits and losses are magnified, making leveraged trading a high-risk endeavour.
To view and change your current leverage for each asset class in the app settings:
- Go to Home.
- Tap the Switch button at the top of the screen, next to the account name.
- Select the Live or Demo tab.
- Tap the account you want to change the leverage for.
- Go to Trade options > CFD Leverage.
To set the leverage for a single order:
- Make sure one-tap trading is off.
- Tap the market you want to trade.
- Tap the round settings button under Buy/Sell, to the right of the contract size.
- Choose your leverage on the next screen.
- Tap Buy or Sell, depending on the direction of your trade, to place it.
Please note that setting leverage for a single order is not available on demo accounts.