Flexible Leverage from 1:1 up to 500:1
Depending on the account type you open at Tradobox, you can choose the leverage on a scale from 1:1 to 500:1. Margin requirements do not change during the week, nor do they widen overnight or at weekends. Moreover, at Tradobox you have the option to request either the increase or the decrease of your chosen leverage.
Using leverage means that you can trade positions larger than the amount of money in your trading account. Leverage amount is expressed as a ratio, for instance 50:1, 100:1, or 500:1. Assuming that you have $1,000 in your trading account and you trade ticket sizes of 500,000 USD/JPY, your leverage will equate 500:1.
How would it be possible to trade 500 times the amount you have at your disposal? At Tradobox you have a free short-term credit allowance whenever you trade on margin: this enables you to purchase an amount that exceeds your account value. Without this allowance, you would only be able to buy or sell tickets of $1,000 at a time.