Leverage rules for EXNESS clients
Leverage is a ratio indicating to what degree a position may exceed the client’s ready cash. As of October 2009, EXNESS clients with at least USD 1,000 (or the equivalent in another currency) in their Mini accounts have had access to 1:1,000 leverage. Using leverage is a way for clients to significantly reduce margin requirements and execute complex trading strategies.
However, due to the growing cost of hedging its positions, EXNESS finds it necessary to increase margin requirements and client’s account balances. As a result, leverage is changing as well. The following leverage will apply to Mini accounts:
| Equity, USD | Maximum leverage |
| 0 – 1,000 | 1:1000 |
| 1,000 – 5,000 | 1:400 |
| 5,000 – 15,000 | 1:200 |
| 15,000 – 100,000 | 1:100 |
| 100,000 – 10,000,000 | 1:50 |
The following leverage will apply to Classic accounts:
| Equity, USD | Maximum leverage |
| 0 – 100,000 | 1:100 |
| 100,000 – 10,000,000 | 1:50 |
Leverage rules
Leverage will automatically be adjusted up or down as the client’s account equity changes.
In accordance with Items 7.2, 7.4 and 7.5 of the Client Agreement, the Company may change the margin requirements for a client’s account in advance of weekends and holidays.
Margin requirements are calculated five hours before markets close based on maximum leverage of 1:200. On Sundays before markets open, margin requirements are recalculated based on the client’s account balance or the leverage selected by the client. This rule is necessary because of the potential for a price gap during market open.
The same rule applies on holidays: margin requirements are calculated based on maximum leverage of 1:200 or less. The Company publishes information about leverage during holidays on its site at EXNESS News.
