About Leverage

To increase the efficiency of traders' investments, FXON, provides high leverage choices of up to ×400. FX's greatest appeal is in the way it enables substantial returns to be earned with little capital. As such, high leverage is an essential element of the trade.

Although higher leverage can be interpreted as higher risk, the ability to use FX trades (as a financial instruments enabling large investments with small amounts of capital through the usage of high-leverage investment) is their greatest appeal, as such FXON offers one of the highest level of leverage possible.

Leverage varies by deposit margin and instrument traded

At FXON, the available leverage varies according to the customer's deposit margin and the transaction instrument. Additionally, leverage may be restricted due to drastic changes in the market and events that have a major impact on economic markets, lowering market liquidity, leading to market instability due to temporary exchange-rate fluctuations, preventing loss cutting by a decrease in the deposit margin level.

Transaction instrument Deposit margin balance
$0~$100,000 $100,000 or above
Currency pairs ×400 ×200
Crypto CFDs ×10
Indices CFDs ×10
Stocks CFDs ×10
Metals CFDs *1 ×400 ×200
Energy CFDs ×50

*1For XPDUSD and XPTUSD, leverage is ×200 regardless of deposit amount.

Tradable amount calculation method

The tradable amount is calculated as follows: total amount of the deposit margin (capital on hand) multiplied by the leverage value and then divided by the current exchange rate. It represents the tradable amount for total investment instruments.

Investment capital

Total amount of deposit margin

100,000 JPY

Leverage ×100

USD/JPY

Exchange rate

($ USD1 = JPY 100)

Exchange rate

$ USD100,000

Leverage risk

While trading leveraged products such as CFDs provide an opportunity to earn large profits, they also involve substantial risk of loss and may not be suitable for all investors. Through trading leveraged products, investors may incur losses that far exceed the fund amount deposited. While we take protective measures, such as lowing leverage values temporarily, to protect customers' deposits from drastic market fluctuations, utilizing higher the leverage value means that there is a higher the risk of loss of deposited funds, even from small fluctuations in the market prices.