HiWayFX applies floating leverage conditions to all accounts. According to our floating leverage settings:
- Floating leverage is applied to forex instruments only
- If the account currency is in a non-USD currency, the volume is automatically converted to USD by using the current conversion rate.
|Notional value of all open positions in US Dollars||Standard Account Leverage||ECN Account Leverage|
|0 — 500,000||1:1000||1:500|
|500,001 — 3,000,000||1:500|
|3,000,001 — 5,000,000||1:200||1:200|
Alternative Leverage Scenario
However, HiWayFX reserves the right to apply an alternative leverage scenario based on the Company’s Risk Manager decision. In that case the company may set a fixed leverage for the accounts as per the table below:
|Equity, USD*||Leverage||Equity, USD*||Leverage|
|0 -19,999||1:500||0 -1,999||1:1000|
|20,000 -29,999||1:300||2,000 -19,999||1:500|
|30,000 -49,999||1:200||20,000 -29,999||1:300|
|50,000 or more||1:100||30,000 -49,999||1:200|
|50,000 or more||1:100|
Rules for 1:1000 leverage:
|+ Bonus||0 -199||1:1000|
|NO bonus||0 -1,999||1:1000|
In case the alternative leverage scenario applies to a client, the company will inform him about it by e-mail.
The table is for informational purposes only and the Risk Management may decide to set a leverage based on the client’s trading strategy and market conditions.
*or the equivalent in other currency.