How to change leverage?

[AlmostRich]

How to change leverage for my live FX (CFD) account?

Edited March 9, 2022 by AlmostRich

[MongiIG]

19 minutes ago, AlmostRich said:

How to change leverage for my live FX (CFD) account?

Hi @AlmostRich

Unfortunately you cannot change the leverage.

All the best - MongiIG

[AlmostRich]

Ok! What is the default leverage for retail customers in CFD forex accounts? 

[AndaIG]

Hi @AlmostRich

Thanks for the reply. 

The leverage offered is pair specific, please see the following link which offers a comprehensive table.

Leverage= 100/margin requirement. 

https://www.ig.com/en/help-and-support/cfds/fees-and-charges/what-are-igs-forex-cfd-product-details

All the best, 

Anda 

[SAnober]

How much is leverage for my account  1:5 ? , if not can I make it 1:5?

[ArvinIG]

16 hours ago, SAnober said:

How much is leverage for my account  1:5 ? , if not can I make it 1:5?

Hi @SAnober,

As mentioned above you can't change your margin requirements for your account as they apply per market not per account.

You can find the margin requirements on the deal ticket by clicking on the info tab:


I hope that it helps.

All the best - Arvin