The account leverage is the basis leverage which will apply to most instruments.
For Forex:
Before calculating, you need to find the [Margin Rate] of the foreign exchange product:
-Log into MT5 Trade Terminal.
-Choose an instrument and click into "Detail"
-Check the "Margin Rate".
At the same time, our Risk Navigator can also show you the margin occupancy of a certain product.
Forex product leverage: account leverage divided by Margin Rate.
We will take an example as you will trade AUDUSD^ from your intergraded account (which says your account leverage is 1:200):
For both long and short positions, the product leverage of AUDUSD^ is: 200/1 = 200.
Since the margin rate of forex is 1(Long position has different margin requirement to short position only for very few situation)., the product leverage is the same as the account leverage.
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For Indices, Stock CFD, Cryptos, rare commodities:
product leverage: 1 divided by the Margin Rate.
We will take an example as you will trade Tesla Motor (Stock CFD, trade symbol TSLA^) from your intergraded account:
for long position: 1/0.05 = 20
for short position: 1/0.05 = 20