Spread Betting Specifications & Leverage Information

Below, you can find information about how leverage is handled on our Spread Betting platform, FxPro Edge. The maximum leverage offered to any client depends on their level of trading experience, which is assessed during the registration process.

FxPro uses a dynamic leverage model across all instruments on FxPro Edge, which automatically adapts to clients trading positions. As the volume per Instrument of a client increases, the maximum leverage offered decreases accordingly, as per the tables below.

This is done per trading instrument, so if a client has positions open across multiple instruments, the leverage will be calculated separately on each symbol.

Please note, that for the purpose of margin calculation, the lowest between the account and symbol leverage will prevail.

Forex

Bet (£) Maximum Leverage
0-500 1:500
500-1,000 1:200
1,000-1,500 1:100
1,500-2,500 1:50
2,500+ 1:33
 

Please note, that if the account leverage is less than the value table provided, then the account leverage will be considered instead.


Example 1
Client Account Leverage – 1:50

Consider an account with £1,000 Bet to Buy (or Sell) USDJPY.
In this example, the account leverage is less than symbols’ relevant values in the Leverage Monitor table, so the margin required would be as below:

Bet Maximum Leverage Applicable Leverage Margin
£500 1:500 1:50 500 (bet) * 110.138 (opening price) * (1/0.01) (1/pip position) / 50 (leverage) = 110,138 GBP
£500 1:200 1:50 500 (bet) * 110.138 (opening price) * (1/0.01) (1/pip position)/ 50 (leverage) = 110,138 GBP
      Total Required Margin: 220,276 GBP

Utilised Leverage is 1:50


Example 2
Client Account Leverage – 1:100

Consider an account with Bet £1,250 to Buy (or Sell) GBPUSD.
In this example, the account leverage is less than symbols’ relevant values in the Leverage Monitor table, so the margin required would be as below:

Bet Maximum Leverage Applicable Leverage Margin
£500 1:500 1:100 500 (bet) *1.29710 (opening price) * 10000 (contract size) / 100 (leverage) = 64,855 GBP
£500 1:200 1:100 500 (bet) *1.29710 (opening price) * 10000 (contract size) / 100 (leverage) = 64,855 GBP
£250 1:100 1:100 250 (bet) *1.29710 (opening price) * 10000 (contract size) / 100 (leverage) = 32,427.5 GBP
      Total Required Margin: 162,137.5 GBP

Utilised Leverage is 1:100


Example 3
Client Account Leverage – 1:500

Consider an account with Bet £1,500 Buy (or Sell) EURUSD.
In this example, the account leverage is greater than symbols’ relevant values in the Leverage Monitor table, so the margin required would be as below:

Bet Maximum Leverage Applicable Leverage Margin
£500 1:500 1:500 500 (bet) *1.17436 (opening price) * (1/0.0001) (1/pip position) / 500 (leverage) = 11,743.6 GBP
£500 1:200 1:200 500 (bet) *1.17436 (opening price) * (1/0.0001) (1/pip position) / 200 (leverage) = 29,359 GBP
£500 1:100 1:100 250 (bet) *1.29710 (opening price) * (1/0.0001) (1/pip position) / 100 (leverage) = 32,427.5 GBP
      Total Required Margin: 99,820.6 GBP

Utilised Leverage is 1:176.46


Metals

Gold
Bet (£) Maximum Leverage
0-3,000 1:200
3,000+ 1:100
Silver
0-500 1:200
500+ 1:100
Example 1

Client Account Leverage – 1:50
Consider an account with £500 Bet to Buy (or Sell) Gold.
In this example, the account leverage is less than symbols’ relevant values in the Leverage Monitor table, so the margin required would be as below:

Bet Margin Leverage Applicable Leverage Margin
£500 1:200 1:50 500 (bet) * 1264 (opening price) * (1/1.00) (1/pip position) / 50 (leverage) = 12,640 GBP
      Total Required Margin: 12,640 GBP

Utilised Leverage is 1:50


Example 2

Client Account Leverage – 1:500
Consider an account with £4,000 Bet to Buy (or Sell) Gold.
In this example, the account leverage is less than symbols’ relevant values in the Leverage Monitor table, so the margin required would be as below:

Bet Margin Leverage Applicable Leverage Margin
£3,000 1:200 1:200 3000 (bet) * 1264 (opening price) * (1/1.00) (1/pip position) / 200 (leverage) = 18,960 GBP
£1,000 1:100 1:100 1000 (bet) * 1264 (opening price) * (1/1.00) (1/pip position) / 100 (leverage) = 12,640 GBP
      Total Required Margin: 31,600 GBP

Utilised Leverage is 1:160


Example 3

Client Account Leverage – 1:50
Consider an account with £500 Bet to Buy (or Sell) Silver.
In this example, the account leverage is less than symbols’ relevant values in the Leverage Monitor table, so the margin required would be as below:

Bet Margin Leverage Applicable Leverage Margin
£500 1:200 1:50 500 (bet) * 16.596 (opening price) * (1/0.01) (1/pip position) / 50 (leverage) = 16,596 GBP
      Total Required Margin: 16,596 GBP

Utilised Leverage is 1:50


Example 4

Client Account Leverage – 1:500
Consider an account with £1,000 Bet to Buy (or Sell) Silver.
In this example, the account leverage is less than symbols’ relevant values in the Leverage Monitor table, so the margin required would be as below:

Bet Margin Leverage Applicable Leverage Margin
£500 1:200 1:200 500 (bet) * 16.596 (opening price) * (1/0.01) (1/pip position) / 200 (leverage) = 4,149 GBP
£500 1:200 1:100 500 (bet) * 16.596 (opening price) * (1/0.01) (1/pip position) / 100 (leverage) = 8,298 GBP
      Total Required Margin: 12,477 GBP

Utilised Leverage is 1:133


Futures

Symbol Contract Size Bet (£) Margin Requirement Maximum Leverage
Corn, Soybean, Wheat 1 0-750 2% 1:50
    750-1,600 4% 1:25
    1,600-2,500 10% 1:10
    2,500-5,000 16% 1:6.25
    5,000+ 20% 1:5
Cocoa 1 0-150 2% 1:50
Sugar 100 0-150 2% 1:50
    150-300 4% 1:25
    300-500 10% 1:10
    500-1,000 16% 1:6.25
    1,000+ 20% 1:5
Coffee 10 0-600 2% 1:50
    600-1,200 4% 1:25
    1,200-1,800 10% 1:10
    1,800-3,700 16% 1:6.25
    3,700+ 20% 1:5
Cotton 100 0-80 2% 1:50
    80-160 4% 1:25
    160-250 10% 1:10
    250-500 16% 1:6.25
    500+ 20% 1:5
Example 1

Client Account Leverage – 1:50
Consider an account with £10 Bet to Buy (or Sell) of Dow Jones Future at 21,994.
In this example, the account leverage equals the symbols’ relevant values in the Leverage Monitor table, so the margin required would be as below:

Bet Margin
Requirement
Applicable
Margin
Requirement
Margin
£10 2% 2% 21994 (Opening Price) * 2%(margin req.) * 10 (bet) * (1/1.00) (1/pip position) = 4,399.20 GBP
      Total Required Margin: 4,399.20 GBP

Utilised Leverage is 1:50


Example 2

Client Account Leverage – 1:100
Consider an account with £300 Bet to Buy (or Sell) of Dow Jones Future at 21,994
In this example, the account leverage is greater than the symbols’ relevant values in the Leverage Monitor table, so the margin required would be as below:

Bet Margin
Requirement
Applicable
Margin
Requirement
Margin
£200 2% 2% 21,994 (Opening Price) * 2%(margin req.) * 200 (bet) * (1/1.00) (1/pip position) = 87,976 GBP
£100 4% 4% 21,994 (Opening Price) * 4%(margin req.) * 100 (bet) * (1/1.00) (1/pip position) = 87,976 GBP
      Total Required Margin: 175,952 GBP

Utilised Leverage is 1:37.50


Example 3

Client Account Leverage – 1:500.
Consider an account with £800 Bet to Buy (or Sell) of Corn at 370.50.
In this example, the account leverage is greater than the symbols’ relevant values in the Leverage Monitor table, so the margin required would be as below:

Bet Margin
Requirement
Applicable
Margin
Requirement
Margin
£750 2% 2% 370.5 (Opening Price) * 2%(margin req.) * 750 (bet) * (1/1.00) (1/pip position) = 5,557.5 GBP
£50 4% 4% 370.5 (Opening Price) * 2%(margin req.) * 750 (bet) * (1/1.00) (1/pip position) = 741 GBP
      Total Required Margin: 6298.5 GBP

Utilised Leverage is 1:47.05


Example 4

Client Account Leverage – 1:500.
Consider an account with £250 Bet to Buy (or Sell) of Sugar at 13.79.
In this example, the account leverage is greater than the symbols’ relevant values in the Leverage Monitor table, so the margin required would be as below:

Bet Margin
Requirement
Applicable
Margin
Requirement
Margin
£150 2% 2% 13.79 (Opening Price) * 2%(margin req.) * 150 (bet) * (1/0.01) (1/pip position) = 4,137 GBP
£100 4% 4% 13.79 (Opening Price) * 4%(margin req.) * 100 (bet) * (1/0.01) (1/pip position) = 5,516 GBP
      Total Required Margin: 9,653 GBP

Utilised Leverage is 1:35.71


Example 5

Client Account Leverage – 1:500.
Consider an account with £650 Bet to Buy (or Sell) of Coffee at 142.85.
In this example, the account leverage is greater than the symbols’ relevant values in the Leverage Monitor table, so the margin required would be as below:

Bet Margin
Requirement
Applicable
Margin
Requirement
Margin
£500 2% 2% 142.85 (Opening Price) * 2%(margin req.) * 500 (bet) * (1/0.10) (1/pip position) = 14,285 GBP
      Total Required Margin: 14,285 GBP

Utilised Leverage is 1:35.71


Example 6

Client Account Leverage – 1:500.
Consider an account with £650 Bet to Buy (or Sell) of Cotton at 71.96.
In this example, the account leverage is greater than the symbols’ relevant values in the Leverage Monitor table, so the margin required would be as below:

Bet Margin
Requirement
Applicable
Margin
Requirement
Margin
£70 2% 2% 71.96 (Opening Price) * 2%(margin req.) * 70 (bet) * 100 (contract size) = 10,074.4 GBP
      Total Required Margin: 10,074.4 GBP

Utilised Leverage is 1:50


Energy Futures/Spot

Bet (£) Margin Requirement
0-125 1%
125-625 2.5%
625+ 5%
Example 1

Client Account Leverage – 1:50
Consider a USD account with £125 to Buy (or Sell) US Light Sweet Crude Oil at 49.26.
In this example, the account leverage is less than symbols’ relevant values in the Leverage Monitor table, so the margin required would be as below:

Bet Margin
Requirement
Applicable
Margin
Requirement
Margin
£125 1% 2% 49.26 (Opening Price) * 2%(margin req.) * 125 (Bet) * (1/0.01) (1/pip position) = 12,315 GBP
      Total Required Margin: 12,318.80 GBP

Utilised Leverage is 1:50


Example 2

Client Account Leverage – 1:500
Consider a USD account with £125 to Buy (or Sell) US Light Sweet Crude Oil at 49.07.
In this example, the account leverage is greater than symbols’ relevant values in the Leverage Monitor table, so the margin required would be as below:

Bet Margin
Requirement
Applicable
Margin
Requirement
Margin
£125 1% 1% 49.07 (Opening Price) * 1%(margin req.) * 125 (Bet) * (1/0.01) (1/pip position) = 6,133.75 GBP
      Total Required Margin: 6,133.75 GBP

Utilised Leverage is 1:100


Indices

Margin Requirement 0.20% 0.50% 0.75% 1% 1.5% 2% 4% 10% 16% 20% (for greater than)
US30, AUS200, Swiss20, UK100, USNDAQ100, Germany30, USSPX500 20 20 - 40 80 240 600 800 1,000 2,800
Japan225, Finland25, Spain35, Holland25, Sweden30, Euro50, France40 - 20 20 40 80 240 600 800 1,000 2,800
France120, HongKong50, Polland20, UKMid250, Belgium20, Germany50, GerTech30, Canada60, India50, Italy40, SAfrica40, US2000 - - 40 40 80 240 600 800 1,000 2,800
ChinaHShar - - - 70 70 210 525 700 875 2,450
ChinaA50, Greece25 - - - - - 350 525 700 875 2,450
Example 1

Client Account Leverage – 1:500
Consider an account with £60 Bet to Buy (or Sell) US30 at 20,000.
In this example, the account leverage is greater than symbols’ relevant values in the Leverage Monitor table, so the margin required would be as below:

Be Margin
Requirement
Applicable
Margin Req.
Margin
£20 0.2% 0.2% 20,000 (Opening Price) * 0.20%(margin req.) * 20 (bet) * (1/1.00) (1/pip position) = 800 GBP
£20 0.5% 0.5% 20,000 (Opening Price) * 0.50%(margin req.) * 20 (bet) * (1/1.00) (1/pip position) = 2,000 GBP
£20 1% 1% 20,000 (Opening Price) * 1.00%(margin req.) * 20 (bet) * (1/1.00) (1/pip position) = 4,000 GBP
Total Required Margin: 6,800 GBP




Example 2

Client Account Leverage – 1:50
Consider an account with £70 Bet to Buy (or Sell) France120 at 5,000.
In this example, the account leverage is less than symbols’ relevant values in the Leverage Monitor table, so the margin required would be as below:

Be Margin
Requirement
Applicable
Margin Req.
Margin
£40 0.75% 2% 5,000 (Opening Price) * 2.00%(margin req.) * 40 (bet) * (1/1.00) (1/pip position) = 4,000 GBP
£30 1% 2% 5,000 (Opening Price) * 2.00%(margin req.) * 30 (bet) * (1/1.00) (1/pip position) = 3,000 GBP
Total Margin Required = 7,000 EUR




Example 3

Client Account Leverage – 1:50
Consider an account with £ 100 Bet to Buy (or Sell) UK100 at 7,000.
In this example, the account leverage is greater than symbols’ relevant values in the Leverage Monitor table, so the margin required would be as below:

Be Margin
Requirement
Applicable
Margin Req.
Margin
£20 0.2% 1% 7,000 (Opening Price) * 1.00%(margin req.) * 20 (bet) * (1/1.00) (1/pip position) = 1,400 GBP
£20 0.5% 1% 7,000 (Opening Price) * 1.00%(margin req.) * 20 (bet) * (1/1.00) (1/pip position) = 1,400 GBP
£40 1% 1% 7,000 (Opening Price) * 1.00%(margin req.) * 40 (bet) * (1/1.00) (1/pip position) = 2,800 GBP
£20 1.5% 1.5% 7,000 (Opening Price) * 1.00%(margin req.) * 20 (bet) * (1/1.00) (1/pip position) = 1,400 GBP
Total Required Margin: 7,000 GBP




Shares

Please note, that margin requirements for shares may be increased 5 business days prior to an upcoming company earnings report, corporate or other action. For more information, please click here.

Margin Requirement 4% 8% 15% 60%
French Shares < £175 < £800 < £7,500 £7,500+
German Shares < £165 < £800 < £4,000 £4,000+
UK Shares < £20 < £85 < £400 £400+
US Shares * < £150 < £750 < 3,800 £3,800+
Example 1

Consider an account with £170 Bet to Buy (or Sell) AirFrance Shares (French Shares) at 12.75.

Bet Margin Requirement Margin
£170 4% 12.75 (Opening Price) * 4.0%(margin req.) * 170 (bet) * (1/0.01) (1/pip position) = 8,670 GBP
Total Required Margin: 8,670 GBP
Example 2

Consider an account with £850 Bet to Buy (or Sell) Adidas Shares (German Shares) at 199.23.

Bet Margin Requirement Margin
£175 4% 199.23 (Opening Price) * 4.0%(margin req.) * 175 (bet) * (1/0.01) (1/pip position) = 139,461 GBP
£625 8% 199.23 (Opening Price) * 8.0%(margin req.) * 625 (bet) * (1/0.01) (1/pip position) = 996,150 GBP
£50 15% 199.23 (Opening Price) * 15.0%(margin req.) * 50 (bet) * (1/0.01) (1/pip position) = 149,422.50 GBP
    Total Required Margin: 1,285,032.5 GBP
Example 3

Consider an account with £850 Bet to Buy (or Sell) Tesco Shares (UK Shares) at 1.796.

Bet Margin Requirement Margin
£20 4% 1.796 (Opening Price) * 4.0% (margin req.) * 20 (bet) * (1/0.01) (1/pip position) = 143.68 GBP
2£65 8.0% 1.796 (Opening Price) * 8.0% (margin req.) * 65 (bet) * (1/0.01) (1/pip position) = 933.92 GBP
£315 15% 1.796 (Opening Price) * 15.0% (margin req.) * 315 (bet) * (1/0.01) (1/pip position) = 8,486.1 GBP
£50 60% 1.796 (Opening Price) * 60.0% (margin req.) * 50 (bet) * (1/0.01) (1/pip position) = 5,388 GBP
    Total Required Margin: 14,951.70 GBP
Example 4

Consider an account with £700 Bet to Buy (or Sell) Apple Shares (US Shares) at 161.52.

Bet Margin Requirement Margin
£150 4% 161.52 (Opening Price) * 4.0% (margin req.) * 150 (bet) * (1/0.01) (1/pip position) = 96,912 GBP
£550 8% 161.52 (Opening Price) * 8.0% (margin req.) * 550 (bet) * (1/0.01) (1/pip position) = 710,688 GBP
    Total Required Margin: 807,600 GBP
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