What is leverage?

Leverage enables traders to open a positions worth much more than they deposit. It is a key feature of CFD/FX trading. 

If you trade an account with 500:1 leverage this means a $1 initial deposit can get you $500 exposure.

Leverage magnifies not only your profits, but also magnify any losses. It is important to trade leverages you are comfortable with. 

Discover more about leverage and margin