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Home/Glossary/Leverage

Forex and CFDs · Rookie

Leverage

By Omer Rapaport · Content updated 11 September 2026

What does Leverage mean?

Leverage creates market exposure larger than the capital required to support the position. Gains and losses depend on the exposure, not only the margin posted.

Example

A 20:1 relationship supports $20,000 exposure with $1,000 margin, subject to product rules.

Illustrative example; not a provider’s quoted offer.

Why it matters for prop traders

Available leverage is a capacity limit, not a suggested position size or loss limit.

Sources and further reading

The following primary sources support the terminology. Provider rules describe their own products and may change.

  • IG - Leverage

Related terms

  • Contract for difference
  • Currency pair
  • Forex
← All 181 terms

Frequently asked questions

Should I treat available leverage as a suggested position size?

Available leverage is a capacity limit, not a suggested position size or loss limit.

Sources: IG - Leverage

What is a practical example of Leverage?

Illustrative example: A 20:1 relationship supports $20,000 exposure with $1,000 margin, subject to product rules.

Sources: IG - Leverage

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