At Switch Market, we utilize Dynamic leverage* for various financial instruments. This allows our traders to maximize their potential by trading with leverage.
* Dynamic leverage can not be applied to CFDs on Digital currencies, Shares, and Exchange-Traded Funds (ETF)
This is how Switch Markets adapts your leverage to your trading position. This model allows traders to perform at their maximum while maintaining their risk responsibly. Dynamic leverage is applied on an instrument basis, automatically decreasing as volume increases. For example, if you trade 5 lots on EURUSD and 5 lots on GBPUSD, then the leverage for both positions remains 1:1000. But if you trade 10 lots on EURUSD, then the first 5 lots will be calculated with leverage of 1:1000, and the remaining 5 lots with leverage 1:500.
Note: FX minors have a maximum leverage of 1:500. Therefore, the tier for Forex minors will start at 1:500 for 0-5 lots.