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Risk warning: Your capital is at risk. We cover you with negative balance protection.
Your capital is at risk. We cover you with negative balance protection.

Leverage and Margin Requirements

 On this page, you will find the leverage and margin requirements for ForexTime (FXTM). When trading, you must maintain a certain level of funds in your account (the necessary margin), also known as a good faith deposit. Calculating and understanding your necessary margin requirements beforehand allows you to apply good risk management and avoid any unnecessary margin calls resulting in the closing of a position due to not enough margin in your account.

As a responsible broker, we determine your leverage (expressed as a ratio of transaction size relative to your buying power) according to your level of knowledge and experience in trading, which is evaluated by the Appropriateness Assessment.

Margin requirements on demo accounts are equivalent to those on corresponding live accounts.

On Standard, ECN, ECN Zero and MT5 Trading Accounts

Notional value (USD)Notional value (EUR)Notional value (GBP)Notional Value (NGN)Leverage Offered 1, 2Floating Margin, %
0 - 2 000 0000 - 1 800 0000 - 1 500 0000 - 630 000 0001:5000.2
2 000 000 - 6 000 0001 800 000 - 5 300 0001 500 000 - 4 600 000630 000 000 - 1 890 000 0001:2000.5
6 000 000 - 8 000 0005 300 000 - 7 000 0004 600 000 - 6 100 0001 890 000 000 - 2 520 000 0001:1001
More than 8 000 000More than 7 000 000More than 6 100 000More than 2 520 000 0001:254
Notional value (USD)Notional value (EUR)Notional value (GBP)Notional Value (NGN)Leverage Offered 1, 2Floating Margin, %
0 - 500 0000 - 440 0000 - 380 0000 - 157 500 0001:5000.2
500 000 - 1 000 000440 000 - 900 000380 000 - 760 000157 500 000 - 315 000 0001:2000.5
1 000 000 - 5 000 000900 000 - 4 400 000760 000 - 3 800 000315 000 000 - 1 575 000 0001:1001
More than 5 000 000More than 4 400 000More than 3 800 000More than 1 575 000 0001:254

* NOK and SEK pairs are provided with a maximum leverage of 1:50 for volumes with a notional value of up to 5,000,000 / 4,000,000 / 3,300,00 / 1,575,000,000 USD/ EUR/ GBP/ NGN. For volumes above 5,000,000 / 4,000,000 / 3,300,000 / 1,575,000,000 USD / EUR/ GBP/ NGN, the leverage for NOK and SEK pairs is fixed at 1:25.

* HKD pairs are provided with a maximum leverage of 1:25 for volumes with a notional value of up to 500,000 / 400,000 / 330,000 / 157,500,000 USD/EUR/GBP / NGN. For volumes above 500,000 / 400,000 / 330,000 / 157,500,000 USD/EUR/GBP NGN, the leverage for HKD pairs is fixed at 1:10.

*Please note that TRY, CZK and ZAR pairs have a fixed leverage of 1:25.

Notional value (USD)Notional value (EUR)Notional value (GBP)Notional Value (NGN)Leverage Offered 1, 2Floating Margin, %
0 - 300 0000 - 270 0000 - 230 0000 - 94 500 0001:2000.5
300 000 - 3 000 000270 000 - 2 700 000230 000 - 2 300 00094 500 000 - 945 000 0001:1001
More than 3 000 000More than 2 700 000More than 2 300 000More than 945 000 0001:254

* NOK and SEK pairs are provided with a maximum leverage of 1:50 for volumes with a notional value of up to 5,000,000 / 4,000,000 / 3,300,00 / 1,575,000,000 USD/ EUR/ GBP/ NGN. For volumes above 5,000,000 / 4,000,000 / 3,300,000 / 1,575,000,000 USD / EUR/ GBP/ NGN, the leverage for NOK and SEK pairs is fixed at 1:25.

* HKD pairs are provided with a maximum leverage of 1:25 for volumes with a notional value of up to 500,000 / 400,000 / 330,000 / 157,500,000 USD/EUR/GBP / NGN. For volumes above 500,000 / 400,000 / 330,000 / 157,500,000 USD/EUR/GBP NGN, the leverage for HKD pairs is fixed at 1:10.

*Please note that TRY, CZK and ZAR pairs have a fixed leverage of 1:25.

Please note that the leverage offered for EURCNH and USDCNH currency pairs is outlined in the table below:

Notional value (USD)Notional value (EUR)Notional value (GBP)Notional value (NGN)Leverage Offered 1, 2Floating Margin, %
0 - 2 000 0000 - 1 600 0000 - 1 300 0000 - 630 000 0001:502
2 000 000 - 4 000 0001 600 000 - 3 200 0001 300 000 - 2 700 000630 000 000 - 1 260 000 0001:254
More than 4 000 000More than 3 200 000More than 2 700 000More than 1 260 000 0001:1010
Notional value (USD)Notional value (EUR)Notional value (GBP)Notional Value (NGN)Leverage Offered 1, 2Floating Margin, %
0 - 400 0000 - 350 0000 - 300 0000 - 126 000 0001:5000.2
400 000  - 700 000350 000 - 600 000300 000 - 500 000126 000 000 - 220 500 0001:2000.5
700 000 - 1 000 000600 000 - 900 000500 000 - 750 000220 500 000 - 315 000 0001:1001
1 000 000  - 4 000 000900 000 - 3 500 000750 000 - 3 000 000315 000 000 - 1 260 000 0001:502
More than 4 000 000More than 3 500 000More than 3 000 000More than 1 260 000 0001:254

On FXTM PRO Trading Accounts

Notional value (USD)Notional value (EUR)Notional value (GBP)Notional value (NGN)Leverage Offered 1, 2Floating Margin, %
0 - 5 000 0000 - 4 000 0000 - 3 300 0000 - 1 575 000 0001:2000.5
5 000 000 - 20 000 0004 000 000 - 15 500 0003 300 000 - 13 300 0001 575 000 000 - 6 300 000 0001:1001
20 000 000 - 25 000 00015 500 000 - 19 500 00013 300 000 - 16 700 0006 300 000 000 - 7 875 000 0001:502
More than 25 000 000More than 19 500 000More than 16 700 000More than 7 875 000 0001:254
Notional value (USD)Notional value (EUR)Notional value (GBP)Notional value (NGN)Leverage Offered 1, 2Floating Margin, %
0 - 3 000 0000 - 2 700 0000 - 2 000 0000 - 945 000 0001:2000.5
3 000 000 - 15 000 0002 700 000 - 11 600 0002 000 000 - 10 000 000945 000 000 - 4 725 000 0001:1001
15 000 000 - 20 000 00011 600 000 - 15 500 00010 000 000 - 13 300 0004 725 000 000 - 6 300 000 0001:502
More than 20 000 000More than 15 500 000More than 13 300 000More than 6 300 000 0001:254

* NOK and SEK pairs are provided with a maximum leverage of 1:50 for volumes with a notional value of up to 5,000,000 / 4,000,000 / 3,300,00 / 1,575,000,000 USD/ EUR/ GBP/ NGN. For volumes above 5,000,000 / 4,000,000 / 3,300,000 / 1,575,000,000 USD / EUR/ GBP/ NGN, the leverage for NOK and SEK pairs is fixed at 1:25.

* HKD pairs are provided with a maximum leverage of 1:25 for volumes with a notional value of up to 500,000 / 400,000 / 330,000 / 157,500,000 USD/EUR/GBP / NGN. For volumes above 500,000 / 400,000 / 330,000 / 157,500,000 USD/EUR/GBP NGN, the leverage for HKD pairs is fixed at 1:10.

*Please note that TRY, CZK and ZAR pairs have a fixed leverage of 1:25.

Notional value (USD)Notional value (EUR)Notional value (GBP)Notional value (NGN)Leverage Offered 1, 2Floating Margin, %
0 - 3 000 0000 - 2 700 0000 - 2 000 0000 - 945 000 0001:1001
3 000 000 - 7 000 0002 700 000 - 5 400 0002 000 000 - 4 700 000945 000 000 - 2 205 000 0001:502
More than 7 000 000More than 5 400 000More than 4 700 000More than 2 205 000 0001:254

* NOK and SEK pairs are provided with a maximum leverage of 1:50 for volumes with a notional value of up to 5,000,000 / 4,000,000 / 3,300,00 / 1,575,000,000 USD/ EUR/ GBP/ NGN. For volumes above 5,000,000 / 4,000,000 / 3,300,000 / 1,575,000,000 USD / EUR/ GBP/ NGN, the leverage for NOK and SEK pairs is fixed at 1:25.

* HKD pairs are provided with a maximum leverage of 1:25 for volumes with a notional value of up to 500,000 / 400,000 / 330,000 / 157,500,000 USD/EUR/GBP / NGN. For volumes above 500,000 / 400,000 / 330,000 / 157,500,000 USD/EUR/GBP NGN, the leverage for HKD pairs is fixed at 1:10.

*Please note that TRY, CZK and ZAR pairs have a fixed leverage of 1:25.

Notional value (USD)Notional value (EUR)Notional value (GBP)Notional value (NGN)Leverage Offered 1, 2Floating Margin, %
0 - 2 500 0000 - 2 000 0000 - 1 700 0000 - 787 500 0001:2000.5
2 500 000 - 5 000 0002 000 000 - 4 000 0001 700 000 - 3 300 000787 500 000 - 1 575 000 0001:1001
5 000 000 - 10 000 0004 000 000 - 7 700 0003 300 000 - 6 700 0001 575 000 000 - 3 150 000 0001:502
More than 10 000 000More than 7 700 000More than 6 700 000More than 3 150 000 0001:254

On PAMM Trading Accounts

Notional value (USD)Notional value (EUR)Notional value (GBP)Notional value (NGN)Leverage Offered 1, 2Floating Margin, %
0 - 8 000 0000 - 7 000 0000 - 6 100 0000 - 2 520 000 0001:1001
More than 8 000 000More than 7 000 000More than 6 100 000More than 2 520 000 0001:254
Notional value (USD)Notional value (EUR)Notional value (GBP)Notional value (NGN)Leverage Offered 1 2Floating Margin, %
0 - 5 000 0000 - 4 400 0000 - 3 800 0000 - 1 575 000 0001:1001
More than 5 000 000More than 4 400 000More than 3 800 000More than 1 575 000 0001:254
Notional value (USD)Notional value (EUR)Notional value (GBP)Notional value (NGN)Leverage Offered 1, 2Floating Margin, %
0 - 3 000 0000 - 2 700 0000 - 2 300 0000 - 945 000 0001:1001
More than 3 000 000More than 2 700 000More than 2 300 000More than 945 000 0001:254
Notional value (USD)Notional value (EUR)Notional value (GBP)Notional value (NGN)Leverage Offered 1, 2Floating Margin, %
0 - 1 000 0000 - 900 0000 - 750 0000 - 315 000 0001:1001
1 000 000 - 4 000 000900 000 - 3 500 000750 000 - 3 000 000315 000 000 - 1 260 000 0001:502
More than 4 000 000More than 3 500 000More than 3 000 000More than 1 260 000 0001:254

Please Note:

  1. If positions are opened, closed, or modified on forex currency pairs on a Standard.MT4 or Cent.MT4 account in the hour before the trading session ends on Friday, the leverage will be fixed at 1:100. Before the beginning of the next trading session, the leverage will be reset based on the total volume of open positions on the account.
  2. Leverage is offered based on your knowledge and experience. The Leverage / Margin requirements may be subject to change as a result of applicable regulations in your country of residence. For residents of Poland, the maximum leverage is 1:100.

Calculating Forex Margin Requirements with Flexible Leverage

Step 1

 

Assume you open Position #1 Buy 10 lots GBPUSD 1.4584 for a USD Denominated Account.

The notional value is: 10 * 100 000 * 1.4584 = 1 458 400 USD. Since the notional value of 1 458 400 USD is not above 2 000 000 USD, the Leverage offered is 1:500.

Margin is: 1 458 400 / 500 = 2 916.80 USD.

Step 2

 

You open position # 2 Buy 10 lots EURUSD 1.3175.

The notional value is: 10 * 100 000 * 1.3175 = 1 317 500 USD.

The aggregate notional value of Position #1 and Position #2 is:

1 458 400 (for position # 1) + 1 317 500 (for position # 2) = 2 775 900 USD.

In this case, the aggregate notional value of open positions is above 2 000 000 USD, but under 6 000 000 USD.

Thus, a leverage of 1:500 is provided for the first 2 000 000 USD, and a leverage of 1:200 for the remaining 775 900 USD.

Margin is: 2 000 000 / 500 + 775 900 / 200 = 7 879.50 USD.

Step 3

 

Assume you open Position #3 Buy 30 lots GBPUSD 1.4590.

The notional value is: 30 * 100 000 * 1.4590 =  4 377 000 USD.

The aggregate notional value of all three positions is:

1 458 400 (for position # 1) + 1 317 500 (for position # 2) + 4 377 000 (for position # 3) = 7 152 900 USD.

Now the aggregate notional value of open positions is above 6 000 000 USD, but under 8 000 000 USD.

Thus, a leverage of 1:500 is provided for the first 2 000 000 USD, a leverage of 1:200 for the next 4 000 000 USD, a leverage 1:100 for the remaining amount.

Margin is: 2 000 000 / 500 + 4 000 000 / 200 + 1 152 900 / 100 = 35 529. USD.

Step 4

 

Assume you open Position #4 Buy 30 lots EURUSD 1.3164.

The notional value is: 30 * 100 000 * 1.3164 = 3 949 200.00 USD.

The aggregate notional value of all four positions is:

1 458 400 (for position # 1) + 1 317 500 (for position # 2) + 4 377 000 (for position # 3) + 3 949 200 (for position # 4) = 11 102 100.00 USD.

Now the aggregate notional value of open positions is above 8 000 000 USD.

Thus, a leverage of 1:500 is provided for the first 2 000 000 USD, a leverage of 1:200 for the next 4 000 000 USD, a leverage 1:100 for the next 2 000 000 USD and leverage of 1:25 to the remaining amount.

Margin is: 2 000 000 / 500 + 4 000 000 / 200 + 2 000 000 / 100 + 3 102 100 / 25 = 168 084 USD

Step 5

 

Let's suppose you close position #3 (Buy 30 lots GBPUSD 1.4590)

The notional value is: 4 377 000 USD.

The aggregate notional value of all three remaining positions is (taking into account the third position have been closed):

1 458 400 (for position # 1) + 1 317 500 (for position # 2) + 3 949 200 (for position # 4) = 6 725 100 USD.

When Position #3 was closed, the total notional value also decreases which leads to a decrease in the margin requirements. The part exceeding 8 000 000 USD is removed first and with it the 1:25 leverage.

Margin is: 2 000 000 / 500 + 4 000 000 / 200 + 725 100 / 100 = 31 251. USD

Step 1

Assume you deposit 3,000 USD to your Fixed spread account. Your Balance equals 3,000 USD. Since you don’t have open positions and your equity is less than 5,000 USD, your leverage is 1:500.

Step 2

Assume you have been trading for a month, closed all positions and earned 2,500 USD as a result. Your balance equals 5,500 USD. In this case, leverage for the following trades will be 1:200.

Step 3

You continue trading successfully and after you close all positions you realize the profit of 10,000 USD. Your equity reaches 15,500 USD. Thus, your leverage for the following transactions will be 1:100.

Step 4

As ForexTime (FXTM) does not have limits on maximum deposit for Fixed spread accounts, you decide to transfer 15,000 USD from your Standard.mt4 account. Your equity reaches 30,500 USD. Your leverage for the following transactions is 1:50.

Step 5

You successfully trade and your equity reaches 50,000 USD. The same evening, at 22:00 MT Server Time, the leverage for all your following transactions becomes fixed at 1:25 unless your equity falls below 50,000 USD.

Step 6

You decide to withdraw your profit and to leave only 3,000 USD in your account. So your equity falls under 5,000 USD. Your leverage is back to 1:500.