Leverage is a margin mechanism, not a risk allowance. Publishing one figure across all three programmes keeps the difference between them where it belongs - in the loss limits - rather than hiding a second variable in the margin table.
Trading rules
Leverage,and what it does not change.
Leverage is up to 1:50 on Instant, 1 Step and 2 Step, and can be lower on some instruments. It sets how large a position your margin supports. It does not change the daily loss limit or the maximum drawdown, so more leverage buys size, not room.
The rule
What leverage do I get?
Percentages are what the industry publishes. These are the same rules in dollars, worked on a $100,000 simulated account, so there is nothing left to convert.
- Instant leverage
- Up to 1:50
- 1 Step leverage
- Up to 1:50
- 2 Step leverage
- Up to 1:50
- Varies by instrument
- Yes
Indices, metals and cryptocurrency instruments can carry lower leverage than forex.
- Daily loss limit at up to 1:505% of $100,000, 1 Step
- $5,000
Unchanged by leverage. The limit is a loss figure, not a margin figure.
Plan applicability
Which programmesthis rule applies to
Our three programmes do not share one rulebook. This table is the part of the page to read before you buy.
- InstantApplies
Up to 1:50
Same leverage as the other two, against the tightest daily loss limit we publish at 3%.
Why it exists
The reasoning,stated plainly
Worked example
The same rule,as a number
A $100,000 simulated account, because that is the size most people are deciding about.
What up to 1:50 means on a $100,000 account
Position size is set by margin. The loss limits are set by the programme.
- Account
- $100,000
- Notional supported
- $5,000,000
At up to 1:50, subject to the instrument.
- 2 Step daily loss limit
- $5,000
Identical whether you use the leverage or not.
- 2 Step drawdown floor
- $92,000
Also unchanged.
A larger position reaches the daily loss limit faster. That is the practical effect of leverage here: it shortens the distance to the limit rather than moving it.
Commonly misread
What tradersget wrong here
Every item below has cost somebody an account. They are published for that reason rather than for completeness.
“Higher leverage means a bigger drawdown allowance”
It does not. Leverage and the risk limits are separate rules and the limits do not move.
“Every instrument gets the same leverage”
Up to 1:50 is a ceiling. Individual instruments can carry less.
The full cluster
Every questionabout this rule
The answers our support team works from, each on its own page.
What is leverage?
Leverage determines how much market exposure can be controlled relative to the simulated balance or margin available in your account.
Is leverage the same for every instrument?
No. Forex, metals, indices, commodities and cryptocurrencies can have different leverage requirements.
Does higher leverage mean I can ignore the drawdown rules?
No. Higher leverage gives you more market exposure; your Daily Loss Limit and Maximum Drawdown are unchanged. Bigger accelerator, same cliff.
What happens if I don't have enough margin?
The trading platform may prevent the order from being opened or positions may become subject to platform margin rules.
Is there a maximum lot size?
Position size is limited by your account's buying power, leverage, margin and risk limits - and a permitted lot size does not excuse a drawdown breach.
Related rules
The rulesthat sit next to this one
Is there a maximum lot size?
There is no single maximum lot size. Position size is bounded by leverage, margin and the risk limits - which is usually the tighter constraint of the two.
What is the daily loss limit?
The daily loss limit is 3% on Instant and 5% on 1 Step and 2 Step - $3,000 or $5,000 on a $100,000 simulated account.
What can I trade?
Forex, indices, commodities, metals and cryptocurrency instruments are available where the market offers them, on all three programmes, at up to 1:50.
Instant: the full rule sheet
Every objective on the Instant programme, in dollars, at all six account sizes.
1 Step: the full rule sheet
Every objective on the 1 Step programme, in dollars, at all six account sizes.
2 Step: the full rule sheet
Every objective on the 2 Step programme, in dollars, at all six account sizes.
Ready when you are
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Payouts every 14 days
$400,000 max total allocation