Tiered margins on forex CFD
Leverage up to 500:1 on certain forex CFD pairs.
What are tiered forex CFD margins?
How it works
Tiered forex CFD margins are only available on MT4 and MT5.
Positions start with maximum leverage (up to 500:1 for certain asset classes).
As position size increases, leverage decreases in predetermined tiers.
There are four distinct tiers based on position size and the forex CFD pair being traded.
The table below shows the margin requirements for Group A asset classes.
| Tier | Leverage | Notional value |
|---|---|---|
| T1 | 500:1 | 20,000,000 |
| T2 | 100:1 | 30,000,000 |
| T3 | 20:1 | 30,000,000 |
| T4 | 10:1 | 40,000,000 |
AUDCAD, AUDCHF, AUDJPY, AUDNOK, AUDNZD, AUDSEK, AUDSGD, AUDUSD, CADCHF, CADJPY, CADNOK, CADSEK, CHFJPY, CHFNOK, CHFSEK, CHFSGD, EURCAD, EURCHF, EURGBP, EURJPY, EURNOK, EURNZD, EURSEK, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNOK, GBPNZD, GBPSEK, GBPSGD, GBPUSD, NOKJPY, NOKSEK, NZDCAD, NZDUSD, SEKJPY, SGDJPY, USDCAD, USDCHF, USDJPY, USDNOK, USDSEK, USDSGD
The table below shows the margin requirements for Group B asset classes.
| Tier | Leverage | Notional value |
|---|---|---|
| T1 | 250:1 | 10,000,000 |
| T2 | 100:1 | 20,000,000 |
| T3 | 50:1 | 20,000,000 |
| T4 | 5:1 | 30,000,000 |
AUDCNH, AUDHUF, CADCNH, CHFCNH, CHFHUF, CHFPLN, CNHJPY, EURCNH, EURCZK, EURHUF, EURPLN, GBPCNH, GBPCZK, GBPHUF, GBPPLN, NZDCNH, NZDHUF, SGDCNH, USDCNH, USDCZK, USDHUF, USDPLN
The table below shows the margin requirements for Group C asset classes.
| Tier | Leverage | Notional value |
|---|---|---|
| T1 | 100:1 | 5,000,000 |
| T2 | 50:1 | 10,000,000 |
| T3 | 10:1 | 10,000,000 |
| T4 | 5:1 | 20,000,000 |
AUDDKK, AUDHKD, AUDZAR, CADDKK, CADHKD, CADMXN, CHFDKK, CHFZAR, DKKNOK, DKKSEK, EURDKK, EURHKD, EURILS, EURMXN, EURZAR, GBPDKK, GBPMXN, GBPZAR, HKDJPY, MXNJPY, NZDDKK, NZDHKD, SGDHKD, USDDKK, USDHKD, USDILS, USDMXN, USDZAR, ZARJPY
The table below shows the margin requirements for Group D asset classes.
| Tier | Leverage | Notional value |
|---|---|---|
| T1 | 50:1 | 2,000,000 |
| T2 | 20:1 | 5,000,000 |
| T3 | 10:1 | 5,000,000 |
| T4 | 5:1 | 10,000,000 |
EURTRY, GBPTRY, THBJPY, TRYJPY, USDBRL, USDCLP, USDCOP, USDIDR, USDINR, USDKRW, USDTHB, USDTRY, USDTWD
Important Notes:
• Tier margining does not change your account’s maximum leverage. Your account leverage cap always applies. If your leverage cap is lower than a tier’s leverage, you will still be capped at your account limit. Tiered margining only means the margin required may increase as your position size grows.
• Clients using multiple accounts may incur higher margin rates to reflect the aggregate exposure across all accounts.
• We reserve the right to adjust margin tiers at our discretion, including leverage levels and position size thresholds, to reflect market conditions and risk considerations.
Example: AUD/USD (Notional Value) • Position: $45,000,000
For FX pairs, the tiered margin is based on the notional value of position which is based on the first name currency (Australian Dollar in this example).
| Tier | Leverage | Notional value |
|---|---|---|
| T1 | 500:1 | 20,000,000 |
| T2 | 100:1 | 30,000,000 |
| T3 | 20:1 | 30,000,000 |
| T4 | 10:1 | 40,000,000 |
20,000,000 (T1 500:1)
30,000,00 (T2 100:1)
1. T1 (500:1) — first $20,000,000 of AUD/USD → 1 / 500 = 0.002
$20,000,000 x 0.002 = $40,000 AUD
2. T2 (100:1) — following 25,000,000 of AUD/USD → 1 / 100 = 0.01
$25,000,000 / 0.01 = $250,000 AUD
Total margin = $40,000 + $250,000 = $290,000 AUD
