CFDs are a leverage product and can involve a significant risk of loss. Trading CFDs may not be suitable for all, therefore you should ensure that you understand the risks involved and take into account your individual circumstances.

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
0-5001:500
500-1,0001:200
1,000-1,5001:100
1,500-2,5001:50
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:

BetMaximum LeverageApplicable LeverageMargin
£5001:5001:50500 (bet) * 110.138 (opening price) * (1/0.01) (1/pip position) / 50 (leverage) = 110,138 GBP
£5001:2001:50500 (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:

BetMaximum LeverageApplicable LeverageMargin
£5001:5001:100500 (bet) *1.29710 (opening price) * 10000 (contract size) / 100 (leverage) = 64,855 GBP
£5001:2001:100500 (bet) *1.29710 (opening price) * 10000 (contract size) / 100 (leverage) = 64,855 GBP
£2501:1001:100250 (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:

BetMaximum LeverageApplicable LeverageMargin
£5001:5001:500500 (bet) *1.17436 (opening price) * (1/0.0001) (1/pip position) / 500 (leverage) = 11,743.6 GBP
£5001:2001:200500 (bet) *1.17436 (opening price) * (1/0.0001) (1/pip position) / 200 (leverage) = 29,359 GBP
£5001:1001:100250 (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
0-3,0001:200
3,000+1:100
Silver
0-5001:200
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:

BetMargin LeverageApplicable LeverageMargin
£5001:2001:50500 (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:

BetMargin LeverageApplicable LeverageMargin
£3,0001:2001:2003000 (bet) * 1264 (opening price) * (1/1.00) (1/pip position) / 200 (leverage) = 18,960 GBP
£1,0001:1001:1001000 (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:

BetMargin LeverageApplicable LeverageMargin
£5001:2001:50500 (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:

BetMargin LeverageApplicable LeverageMargin
£5001:2001:200500 (bet) * 16.596 (opening price) * (1/0.01) (1/pip position) / 200 (leverage) = 4,149 GBP
£5001:2001:100500 (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

SymbolContract SizeBet (£)Margin RequirementMaximum Leverage
Corn, Soybean, Wheat10-7502%1:50
  750-1,6004%1:25
  1,600-2,50010%1:10
  2,500-5,00016%1:6.25
  5,000+20%1:5
Cocoa10-1502%1:50
Sugar1000-1502%1:50
  150-3004%1:25
  300-50010%1:10
  500-1,00016%1:6.25
  1,000+20%1:5
Coffee100-6002%1:50
  600-1,2004%1:25
  1,200-1,80010%1:10
  1,800-3,70016%1:6.25
  3,700+20%1:5
Cotton1000-802%1:50
  80-1604%1:25
  160-25010%1:10
  250-50016%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:

BetMargin
Requirement
Applicable
Margin
Requirement
Margin
£102%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:

BetMargin
Requirement
Applicable
Margin
Requirement
Margin
£2002%2%21,994 (Opening Price) * 2%(margin req.) * 200 (bet) * (1/1.00) (1/pip position) = 87,976 GBP
£1004%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:

BetMargin
Requirement
Applicable
Margin
Requirement
Margin
£7502%2%370.5 (Opening Price) * 2%(margin req.) * 750 (bet) * (1/1.00) (1/pip position) = 5,557.5 GBP
£504%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:

BetMargin
Requirement
Applicable
Margin
Requirement
Margin
£1502%2%13.79 (Opening Price) * 2%(margin req.) * 150 (bet) * (1/0.01) (1/pip position) = 4,137 GBP
£1004%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:

BetMargin
Requirement
Applicable
Margin
Requirement
Margin
£5002%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:

BetMargin
Requirement
Applicable
Margin
Requirement
Margin
£702%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
0-1251%
125-6252.5%
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:

BetMargin
Requirement
Applicable
Margin
Requirement
Margin
£1251%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:

BetMargin
Requirement
Applicable
Margin
Requirement
Margin
£1251%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 Requirement0.20%0.50%0.75%1%1.5%2%4%10%16%20% (for greater than)
US30, AUS200, Swiss20, UK100, USNDAQ100, Germany30, USSPX5002020-40802406008001,0002,800
Japan225, Finland25, Spain35, Holland25, Sweden30, Euro50, France40-202040802406008001,0002,800
France120, HongKong50, Polland20, UKMid250, Belgium20, Germany50, GerTech30, Canada60, India50, Italy40, SAfrica40, US2000--4040802406008001,0002,800
ChinaHShar---70702105257008752,450
ChinaA50, Greece25-----3505257008752,450
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:

BeMargin
Requirement
Applicable
Margin Req.
Margin
£200.2%0.2%20,000 (Opening Price) * 0.20%(margin req.) * 20 (bet) * (1/1.00) (1/pip position) = 800 GBP
£200.5%0.5%20,000 (Opening Price) * 0.50%(margin req.) * 20 (bet) * (1/1.00) (1/pip position) = 2,000 GBP
£201%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:

BeMargin
Requirement
Applicable
Margin Req.
Margin
£400.75%2%5,000 (Opening Price) * 2.00%(margin req.) * 40 (bet) * (1/1.00) (1/pip position) = 4,000 GBP
£301%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:

BeMargin
Requirement
Applicable
Margin Req.
Margin
£200.2%1%7,000 (Opening Price) * 1.00%(margin req.) * 20 (bet) * (1/1.00) (1/pip position) = 1,400 GBP
£200.5%1%7,000 (Opening Price) * 1.00%(margin req.) * 20 (bet) * (1/1.00) (1/pip position) = 1,400 GBP
£401%1%7,000 (Opening Price) * 1.00%(margin req.) * 40 (bet) * (1/1.00) (1/pip position) = 2,800 GBP
£201.5%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 Requirement4%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.

BetMargin RequirementMargin
£1704%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.

BetMargin RequirementMargin
£1754%199.23 (Opening Price) * 4.0%(margin req.) * 175 (bet) * (1/0.01) (1/pip position) = 139,461 GBP
£6258%199.23 (Opening Price) * 8.0%(margin req.) * 625 (bet) * (1/0.01) (1/pip position) = 996,150 GBP
£5015%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.

BetMargin RequirementMargin
£204%1.796 (Opening Price) * 4.0% (margin req.) * 20 (bet) * (1/0.01) (1/pip position) = 143.68 GBP
2£658.0%1.796 (Opening Price) * 8.0% (margin req.) * 65 (bet) * (1/0.01) (1/pip position) = 933.92 GBP
£31515%1.796 (Opening Price) * 15.0% (margin req.) * 315 (bet) * (1/0.01) (1/pip position) = 8,486.1 GBP
£5060%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.

BetMargin RequirementMargin
£1504%161.52 (Opening Price) * 4.0% (margin req.) * 150 (bet) * (1/0.01) (1/pip position) = 96,912 GBP
£5508%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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