Fxglory Leverage Conditions
Balance / Equity | Maximum leverage |
---|---|
1-999 | 1:3000 |
1000-1999 | 1:2000 |
2000-2999 | 1:1000 |
3000-4999 | 1:500 |
5000-9999 | 1:400 |
10000-29999 | 1:200 |
Above 30000 | 1:100 |
Leverage will automatically be adjusted down as the client’s account balance changes by deposit functionality. For example, the balance of your account is 950$ and you have the leverage of 1:3000, this leverage will decrease to 1:2000, when your balance reaches to 1000$. The leverage cannot be automatically adjusted up. In this case you have to change it in your Client Cabinet.
Disclaimer: The brokerage reserves the right to upgrade your account to a higher type if your account balance meets the required criteria. This may include changes to leverage conditions and other account features.
Important: Please kindly note that, in situations where the leverage is not adjusted down automatically, such as gaining profits, that system may not be able to analyze the account in real time and adjust the leverage, the client him/her self must open new trades only complying with this table and only according to leverage conditions. Any misuse may result in account suspension and trades may not be accepted, known as illegal gained profits.
Fxglory Leverage Conditions
Please read the rules of the leverage cautiously.
01
The company reserves the right to decrease the leverage before the important economic news, the market opening and closing time and also, when there is a force majeure that can make price feeding stop.
02
The company reserves the right to remove high volume trades which require the leverage more than 1:100 before or after the closing time of the market and the important economic news. This rule is necessary because of the potential that a price gap may arise when the market opens.
03
Generally, the leverage is for the stable situation of the market and for the honest traders. If a client violates the rules above, his/her orders will be removed from his/her account.