Maximum leverage by market
| Market | Max leverage | Margin required |
|---|---|---|
| Major & minor forex | 1:100 | 1% |
| Gold & silver | 1:100 | 1% |
| Major indices | 1:50 | 2% |
| Crude oil | 1:20 | 5% |
| Bitcoin & Ethereum | 1:10 | 10% |
| Share CFDs | 1:1 – 1:8 | 12.5% – 100% |
A worked example
You buy 1 lot of EUR/USD (100,000 euros) with EUR/USD at 1.1000. The position is worth $110,000. At 1:100 leverage the margin set aside is $110,000 ÷ 100 = $1,100. Each pip (0.0001) is worth $10, so a 20-pip move against you is a $200 loss — on an account of $2,000 that is 10% of your balance from one small move.
The same trade at 0.10 lot needs $110 of margin and moves $1 per pip. Using smaller sizes, not lower leverage settings, is what really reduces risk.
Margin level, margin call and stop out
Your margin level is equity divided by used margin, as a percentage. As losses reduce your equity, the margin level falls. If it falls to the stop-out level positions are closed automatically, starting with the largest loss, to stop the balance going further down. The levels for your account are shown in the platform.
Frequently asked questions
What is the maximum leverage at AlphaFX Pro?
Up to 1:100 on forex and gold. Other markets have lower limits: 1:50 on major indices, 1:20 on oil, 1:10 on crypto and up to 1:8 on shares.
Is higher leverage riskier?
Leverage itself only sets how much margin a position needs. The risk comes from position size; high leverage makes it easier to open positions that are too large for your account.
What happens at stop out?
When your margin level falls to the stop-out level, open positions are closed automatically to limit further losses.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. This page is general information, not investment advice. Read the Risk Disclosure.