Leverage & margin
1:1 to 1:500, and exactly what unlocks each.
Leverage decides how much position your margin supports. At 1:1 a $1,000 position needs $1,000. At 1:100 it needs $10. A 1% move against you takes all of it.
Why the high tiers are gated
The tiers above 1:20 are where accounts are lost quickest, so we do not hand them out at sign-up. Verification runs in three levels and each unlocks the next. Identity first. Then proof of address. Then Proof of Funds, and only that third level opens 1:100 and 1:500. Trade at the standard tiers and you never need to file one. There is no 1:50 and no 1:200, deliberately. A tier nobody can articulate a need for only blurs the line between the two that matter.
The close-out, in plain terms
When the equity supporting your open positions falls to 50% of the margin they require, we close them. That is not a penalty. It is the point where continuing would cost you more than the account holds. And because negative balance protection applies, a gap straight through that level is our loss, not your debt.