Trade with Leverage
Use leverage to increase the size of your trades and take a larger stake in the markets. Note that leverage can amplify both profits as well as losses.
Open an AccountRisk warning: Forex and CFD trading involve a high risk of loss. T&Cs apply.
Up to 30:1 leverage available dependent on instrument
XM offers variable leverage that adjusts automatically based on your open positions. The larger your position size, the lower your leverage will be.
This tiered leverage system helps you manage your risk more effectively while still providing the flexibility you need.
Note: Maximum leverage varies depending on the product and your jurisdiction. For EU residents, maximum leverage is capped at 30:1 for major currency pairs and lower for other instruments according to ESMA regulations.
Real-Time Margin Monitoring
Our platforms provide real-time updates on your margin levels, helping you track your positions and make informed decisions.
Take Advantage of Short-Term Market Fluctuations
Leverage allows you to capitalize on small price movements, making even minor market changes potentially profitable.
Stable Leverage with No Changes to Margin Overnight or on Weekends
Unlike some brokers, XM keeps your leverage conditions consistent, with no sudden margin changes during off-market hours.
Leverage by Instrument
| Instrument | Maximum Leverage (Standard) | Maximum Leverage (EU Clients) |
|---|---|---|
| Major Forex Pairs | 1:500 | 1:30 |
| Minor & Exotic Forex Pairs | 1:500 | 1:20 |
| Gold & Major Indices | 1:200 | 1:20 |
| Commodities (excl. Gold) | 1:100 | 1:10 |
| Equity Indices | 1:100 | 1:5 |
| Shares & ETFs | 1:50 | 1:5 |
| Cryptocurrencies | 1:2 | 1:2 |
How Margin Trading Works
What is Margin?
Margin is the deposit required to open and maintain a leveraged position. Instead of paying the full value of your position, you only need to put up a percentage of it.
Margin Level
Your margin level is calculated as: (Equity / Used Margin) × 100%. We constantly monitor this value to ensure you have sufficient funds.
- ✓100% or above: You have sufficient margin.
- !Below 100%: You cannot open new positions.
- ×Below 50%: Stop Out level - positions may be automatically closed.
Negative Balance Protection
All XM accounts include negative balance protection, which means you can never lose more than your account balance. If market conditions cause your account to go negative, we will reset it to zero at no cost to you.
Trade Over 1,400 Assets
Build your portfolio with Forex, and CFDs on Stocks, Precious Metals, Energies, Equity Indices, Thematic Indices and many more.
Open an AccountRisk warning: Forex and CFD trading involve a high risk of loss. T&Cs apply.