Leverage calculator
The leverage you actually use is position value divided by equity, not the 1:500 your broker allows.
- Position value
- 112,027.00 USD
- A 1% move against you costs
- 11.2% of equity
- Margin needed at your broker
- 224.05 USD
- Margin level
- 4,463%
- Most volume at that leverage
- 0.44 lots
Prices: bid and ask from our partner brokers' MT5 servers, updated every 5 minutes. Last update 2026-10-23 20:58 UTC. The market is closed, so these are the last prices before the close.
Offered leverage and effective leverage
Your broker's leverage only sets the margin a trade blocks. The risk comes from effective leverage: the size of the position compared with your equity.
At 10 times effective leverage, a 1% move against you takes 10% of the account, whatever leverage the broker offers.
Effective leverage = position value ÷ equityPosition value = lots × contract × priceMargin = position value ÷ broker leverage
Questions
Is 1:500 leverage dangerous?
Not by itself. It only means less margin is blocked. Opening a position many times bigger than your equity is what makes it dangerous.
What effective leverage do professionals use?
Often between 1 and 10 times. Keeping the risk per trade at 1% to 2% with a sensible stop loss usually keeps effective leverage in that range.
Why do some regulators cap retail leverage?
Rules in the EU, UK and Australia limit retail clients to 1:30 on major pairs and less on other assets, to limit how fast a small account can be wiped out.
Trade the same, pay less
Every lot you trade pays spread or commission. Open your account through AutoFXRebate and the broker pays part of that cost back to you as a rebate.
Trading forex and CFDs on margin carries a high risk of losing money. These tools give estimates for planning and education, not investment advice.