Leverage & margin
1:1 to 1:100, and exactly what unlocks each.
Leverage decides how much position your margin supports. At 1:1 a $1,000 position needs $1,000. At 1:100 it needs $10. A 1% move against you takes all of it.
Risk and reward move together
Leverage does not improve a trade. It scales what the trade already is — the gain and the loss by the same multiple, in the same breath. At 1:1 a 10% move in your favour is 10% on your margin, and against you it is 10%. At 1:100 that same move is your whole margin either way. Choosing a tier is choosing how much of both you want, and the honest way to read the ladder is that nothing on it is free: a bigger reward is always bought with a bigger risk of the reverse.
Nothing here is gated
The whole ladder is open from the first trade, and no tier asks anything of you that another does not. Verification is a separate matter entirely: identity and address are required for anti-money-laundering purposes and before a withdrawal is paid, not to reach a leverage tier. Choosing 1:100 over 1:10 is a decision about how much of your margin a 1% move should cost you, and it is yours to make on every account from the first order.
The close-out, in plain terms
When the equity supporting your open positions falls to 50% of the margin they require, we close them. That is not a penalty. It is the point where continuing would cost you more than the account holds. And because negative balance protection applies, a gap straight through that level is our loss, not your debt.