78% of retail investor accounts lose money when trading CFD with this provider. You should consider whether you can afford to take the high risk of losing your money.
Leverage allows you to purchase more units of your desired instrument than your available funds would allow you to. Leverage can also be viewed as how many times you can multiply your initial deposit or available funds to this instrument.
💡Example:
If you have deposited 100 USD in your account and wish to trade with an instrument with a leverage of 1:10, you can open a position worth up to 100 * 10 = 1000 USD.
The leverage ratio for the traded instrument can be found in its information tab. Different instrument types have different leverage ratios.