Up to 1:1000 on the Belize-licensed Global entity, depending on instrument and account equity. EU retail clients are capped at 1:30 on forex majors under ESMA rules.
Direct answer
Leverage at XM depends on three things: (1) which entity holds your account, (2) which instrument you are trading, and (3) your account equity. The headline 1:1000 is the maximum on the Global entity for forex majors at modest equity levels. As equity grows, the max ratio steps down to manage broker exposure.
Leverage tiers (Global entity)
| Account equity | Max leverage on FX majors |
|---|---|
| Up to ~$20,000 | Up to 1:1000 |
| $20,001 – $100,000 | Up to 1:500 |
| $100,001 – $200,000 | Up to 1:200 |
| $200,001+ | Up to 1:100 |
Per-instrument caps
- Forex majors: highest tiers.
- Forex minors and exotics: typically capped lower (1:200–1:500).
- Indices: 1:200 to 1:500 depending on index.
- Commodities: 1:100 to 1:500.
- Crypto CFDs: typically 1:25 to 1:50.
- Stock CFDs: 1:20 or lower.
EU clients (CySEC entity)
EU residents face ESMA-mandated retail caps regardless of broker: 1:30 on FX majors, 1:20 on minors/gold, 1:10 on commodities/non-major indices, 1:5 on individual stocks, 1:2 on crypto. Professional-client elective status removes some of these caps.
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FAQ
What is XM’s maximum leverage?
Up to 1:1000 on the Belize-licensed Global entity, depending on instrument and account equity. EU retail clients are capped at 1:30 on forex majors under ESMA rules.
How do I change leverage on my account?
Members Area → choose the trading account → "Change Leverage" → select the new ratio (within entity caps). Changes apply immediately.
Is high leverage dangerous?
High leverage increases position size per unit of margin and therefore amplifies both gains and losses. Use position-sizing discipline regardless of the available cap.
Related XM guides
- How is margin per lot calculated at XM?
- What is XM’s stop-out level?
- What is the difference between an XM EU account and an XM Global account?
- Can you actually trade with XM?
- Does XM allow hedging?