The availability of leverage is widespread across almost all asset classes ranging from Forex to Commodities, Stock CFDs, Indices, Crypto CFDs, oil and precious metals.
Margin refers to the initial deposit necessary to keep your positions open, which demonstrates your good faith in the trade. It is not a cost or fee, but instead, a portion of your account equity that is designated as a margin deposit.
The margin requirement is determined by the size of your position and the specific instrument you are trading. Margin requirements may be subject to periodic changes to account for fluctuations in market volatility and currency exchange rates.
Although the terms "leverage" and "margin" are slightly different, they refer to the same concept. When a trader opens a position, they must deposit a portion of that position's value as a "good faith" gesture. This is known as leverage, and the amount that must be deposited is referred to as the margin requirement.
If you are trading with OnEquity, you may use a leverage of up to 1:500 on major currency pairs, 1:400 on commodity products, 1:200 on individual equities and 1:20 on major cryptocurrency assets. Moreover, trading on margin requirements for major stocks are set to 20%.