At BENEFOREX, we offer a leverage up to 1:500 where the others offers only at 1:100. Adjustment of leverage can be done in Beneforex Website.
Leverage On Variety Products
|Account Balance||$0~100,000||$100,000~200,000||$200,000 and above|
|Forex Maximum Leverage||1:500||1:200||1:100|
|Precious Metal Leverage||1:100||1:100||1:100|
|CFD Product Leverage||1:100||1:100||1:100|
Gold and CFD products leverage are fixed at the rate of 1:100
If a customer owns a several accounts, it will be counted into the maximum fund range and an email will be sent to customer when the net worth fund is over the range. Our platform will automatically lower down the leverage.
Formula is calculated based on the currency margin. And the formula is as below:
Margin = Lots x Contract Size x Market price ÷ Leverage x Margin percentage.
Notes: If trading products are not traded in USD, it should be considering as settling the exchange rate of the currency against the dollars. E.g If a customer trades in EURUSD at 1.066865. the trading account leverage will be at 1:100 and his margin will be as below:
1 x 100,000 x 1.06865 ÷ 100 x 100% = 106.865USD
EURUSD Contract Detail
USDJPY Contract Detail