IMPORTANT: For retail accounts under the CySEC License the maximum leverage is 30:1.

Leverage allows you to open a trade using a small portion of your actual account balance and borrow the rest.

For example, let us say you want to open a position worth $100,000. With no leverage on your account (a level of 1:1), you would have to put up the full value of your position in funds to open it ($100,000). However, using an example of 30:1 leverage on your account, you would only need $3,333 in funds to open and maintain that position.

Leverage is often called a "double-edged sword” as using it magnifies both potential profits and potential losses. The higher the leverage, the higher the potential profit/loss and risk.

For more information about leverage, please read this article.