What is FNmarkets Unlimited Dynamic Leverage?

Unlimited Dynamic Leverage gives you FNmarkets' highest available leverage on the first, smaller portion of your exposure. As your total exposure in an instrument grows, the leverage on each extra portion steps down automatically.

So a small trade gets the highest available leverage, and as your exposure builds, the additional portion moves to a lower tier to keep margin in line with the added risk. You don't need to request or adjust anything; the system handles it as you trade.

Important risk notice

Leverage can increase both profits and losses. “Unlimited” does not mean:

No margin is required
You can open an unlimited trade size
Your order is guaranteed to be executed
You're protected from losses or stop-out

How does it work?

Your total exposure in an instrument is split into tiers.
Each tier is assigned a different leverage level.
The system applies this automatically, so you don't need to change anything.
Your total margin is the sum of the margins required across all the tiers you're using.

Which instruments get Unlimited Leverage?

Right now, only the first exposure tier of Forex Majors, Forex Minors, and XAUUSD (gold) can receive Unlimited Leverage. Every other instrument starts at the finite leverage shown in the tables further down.

Availability can also depend on your FNmarkets entity, account type, platform, account group, and any temporary risk restrictions.

Does a new trade always start from the beginning?

No. The system first looks at your existing open exposure. If you split one trade into several smaller orders within the same exposure group, that doesn't reset you back to the first tier.

Is exposure measured per instrument or across a group?

It depends on the instrument. Some are grouped together: all Forex Major pairs, for instance, count toward the same exposure total, so opening a second Major pair can push you into a lower tier sooner. Others are measured on their own. The live Contract Specifications and the tables below show which basis applies to which instrument.

Why is the leverage on my trade lower than my account leverage?

Your account leverage is just the maximum available. The leverage actually applied to a trade may be lower due to dynamic tiers, instrument-specific limits, Friday higher-margin conditions, market events, or other account restrictions. If more than one of these applies at once, the lowest of the applicable ones wins.

How is my margin worked out?

For each tier, the platform applies the relevant margin formula for that instrument. A simplified Forex illustration is:

Margin = lots in the tier × contract size × conversion value ÷ leverage

The final result can also depend on the live price, account currency, margin currency, conversion rate, contract size, calculation mode, hedging settings, and any active higher-margin condition. MT5's live figure is the one that actually counts, so treat any number here as an estimate.

Example 1: EURUSD, 3 lots

Assume a USD account, EURUSD at 1.1000, and a contract size of 100,000, with no temporary restriction in place.

Part of trade	Leverage	Margin
First 0.50 lot	Unlimited	Calculated by MT5
Next 1.50 lots	1:2,000	$82.50
Last 1.00 lot	1:1,000	$110.00

The two finite portions add up to $192.50, plus whatever MT5 calculates for the first Unlimited portion. The live MT5 margin remains the authoritative figure.

Example 2: Adding to an existing trade

You already have 0.40 lots open on a Forex Major and add another 0.30 lots. Your total exposure becomes 0.70 lots.

Only 0.10 lots of the new order complete the first tier and get Unlimited leverage.
The remaining 0.20 lots are margined at the next tier's leverage (1:2,000).

Your trade doesn't restart from the beginning. FNmarkets counts what you already have open first.

Example 3: XAUUSD (gold), 2 lots

Assume a USD account, gold at $3,300 per ounce, and a 100-ounce contract, with no temporary restriction in place.

Part of trade	Leverage	Margin
First 0.10 lot	Unlimited	Calculated by MT5
Next 0.90 lot	1:2,000	$148.50
Last 1.00 lot	1:1,000	$330.00

The finite portions come to $478.50, plus whatever MT5 calculates for the first Unlimited portion.

Adding to or reducing your position

Adding to an open position

FNmarkets checks your existing exposure first. Whatever stays within the current tier keeps that tier's leverage; anything above it moves into the next tier. If you don't have enough free margin, the extra part of the order, or a pending order, can be rejected.

Partially closing or reducing a position

Your margin is recalculated on whatever's left open. Reducing your exposure can free up margin as you drop out of the higher tiers, though the final figure still depends on the live price, conversion rates, and any active restrictions.

Pending orders

These are checked again when they activate, not when you place them. If your exposure has grown, or a higher-margin period has started in the meantime, the order can activate at a lower leverage than you expected, or fail to activate at all if there isn't enough free margin.

Hedged or opposite positions

These aren't automatically margin-free. Opening an opposite trade doesn't remove your margin requirement; normal platform, account, and symbol rules still apply.

Friday higher-margin conditions

Liquidity can thin out, and prices can gap around the weekly market close and reopen. To manage that risk, FNmarkets applies temporary, lower leverage caps (“Friday caps”) to selected instruments.

While a Friday cap is active, your leverage is whichever is lower: your normal dynamic tier or the Friday cap. If a product is already trading below the cap, its lower normal leverage continues to apply.

When does this apply?

For most instruments, the higher-margin window starts approximately 1 hour before that instrument's scheduled Friday close and ends approximately 1 hour after it reopens. Exact timing can shift due to daylight saving time, holidays, and market conditions, and FNmarkets can start, extend, or reapply the window as needed.

Does it affect trades I already have open?

The Friday cap applies to new trades opened during the window and to any exposure you add during it. Positions opened before the window ordinarily keep their original leverage, unless FNmarkets communicates otherwise.

You can still close or reduce a position, subject to normal market availability and execution conditions.

Friday example: EURUSD, 3 lots

Assume EURUSD at 1.1000, a USD account, and the Friday FX Major cap of 1:200. Because the normal leverage for the first 3.00 lots is above 1:200, the cap applies to the whole new position.

Trade	Leverage	Margin
3 lots EURUSD	1:200 Friday cap	$1,650.00

Outside the Friday window, this same trade would use the normal tiers and need materially less margin, so it's worth keeping extra free margin available before the window opens.

Friday example: XAUUSD (gold), 2 lots

Assume gold at $3,300, a 100-ounce contract, and the Friday XAUUSD cap of 1:200.

Trade	Leverage	Margin
2 lots XAUUSD	1:200 Friday cap	$3,300.00

The exact figure moves with the live gold price, but the Friday cap makes the margin requirement much higher than normal.

Full leverage tables

Below are the complete official leverage tables for full transparency. Exposure is progressive, so the end of one range is the start of the next.

Normal Dynamic Leverage Tables

Category	Exposure (lots)	Max leverage
FX Majors	0–0.50	Unlimited
FX Majors	0.50–2	1:2,000
FX Majors	2–10	1:1,000
FX Majors	10–50	1:500
FX Majors	50–100	1:200
FX Majors	100–400	1:100
FX Majors	400–500	1:50
FX Majors	500+	1:20
FX Minors	0–0.20	Unlimited
FX Minors	0.20–1	1:2,000
FX Minors	1–2	1:1,000
FX Minors	2–20	1:500
FX Minors	20–50	1:200
FX Minors	50–100	1:100
FX Minors	100–400	1:50
FX Minors	400+	1:20
Other Exotics	0–0.20	1:500
Other Exotics	0.20–5	1:200
Other Exotics	5–10	1:100
Other Exotics	10–20	1:50
Other Exotics	20–50	1:20
Other Exotics	50+	1:10
Special Exotics	0–0.20	1:100
Special Exotics	0.20–1	1:50
Special Exotics	1–5	1:20
Special Exotics	5+	1:10
TRY Pairs	All exposure	1:5
XAUUSD	0–0.10	Unlimited
XAUUSD	0.10–1	1:2,000
XAUUSD	1–5	1:1,000
XAUUSD	5–30	1:500
XAUUSD	30–60	1:200
XAUUSD	60–80	1:100
XAUUSD	80–100	1:50
XAUUSD	100+	1:20
XAGUSD	0–5	1:500
XAGUSD	5–10	1:200
XAGUSD	10–20	1:100
XAGUSD	20–30	1:50
XAGUSD	30–50	1:20
XAGUSD	50+	1:10
Major Gold Crosses	0–1	1:500
Major Gold Crosses	1–2	1:200
Major Gold Crosses	2–10	1:100
Major Gold Crosses	10–20	1:50
Major Gold Crosses	20–30	1:20
Major Gold Crosses	30+	1:10
Other Gold Crosses	0–1	1:100
Other Gold Crosses	1–5	1:50
Other Gold Crosses	5+	1:10
Other Metals	0–0.50	1:100
Other Metals	0.50–5	1:50
Other Metals	5–20	1:20
Other Metals	20+	1:10
Oil	0–5	1:500
Oil	5–50	1:200
Oil	50–100	1:100
Oil	100+	1:50
Natural Gas	0–10	1:200
Natural Gas	10–20	1:100
Natural Gas	20–50	1:50
Natural Gas	50–75	1:20
Natural Gas	75+	1:10
Major Cash Indices	0–50	1:500
Major Cash Indices	50–200	1:200
Major Cash Indices	200–300	1:100
Major Cash Indices	300–500	1:50
Major Cash Indices	500–700	1:20
Major Cash Indices	700+	1:10
Other Cash Indices	0–50	1:200
Other Cash Indices	50–100	1:100
Other Cash Indices	100–200	1:50
Other Cash Indices	200–400	1:20
Other Cash Indices	400+	1:10
Gold Futures	0–10	1:200
Gold Futures	10–20	1:100
Gold Futures	20–50	1:50
Gold Futures	50–75	1:20
Gold Futures	75+	1:10
Silver Futures	0–1	1:200
Silver Futures	1–5	1:100
Silver Futures	5–10	1:50
Silver Futures	10–20	1:20
Silver Futures	20+	1:10
BTC / ETH	0–1	1:200
BTC / ETH	1–2	1:100
BTC / ETH	2–5	1:50
BTC / ETH	5–10	1:20
BTC / ETH	10+	1:10
Core Crypto	0–5	1:50
Core Crypto	5–25	1:20
Core Crypto	25+	1:10
Emerging Crypto	0–5	1:20
Emerging Crypto	5+	1:10

Instrument mapping

The live Contract Specifications determine which symbols belong to each category. Gold crosses classified as Major are XAUAUD and XAUEUR; Other Gold Crosses are XAUCNH, XAUGBP, and XAUJPY. TRY Pairs are EURTRY, GBPTRY, and USDTRY.

Friday Market-Close Leverage Tables

Category	Friday cap	Result
FX Majors	1:200	0–100: 1:200; 100–400: 1:100; 400–500: 1:50; 500+: 1:20
FX Minors	1:200	0–50: 1:200; 50–100: 1:100; 100–400: 1:50; 400+: 1:20
Other Exotics	1:50	0–20: 1:50; 20–50: 1:20; 50+: 1:10
Special Exotics	1:50	0–1: 1:50; 1–5: 1:20; 5+: 1:10
TRY Pairs	1:5	No change
XAUUSD	1:200	0–60: 1:200; 60–80: 1:100; 80–100: 1:50; 100+: 1:20
XAGUSD	1:100	0–20: 1:100; 20–30: 1:50; 30–50: 1:20; 50+: 1:10
Major Gold Crosses	1:100	0–10: 1:100; 10–20: 1:50; 20–30: 1:20; 30+: 1:10
Other Gold Crosses	1:50	0–5: 1:50; 5+: 1:10
Other Metals	1:50	0–5: 1:50; 5–20: 1:20; 20+: 1:10
Oil	1:50	Flat 1:50
Natural Gas	1:20	0–75: 1:20; 75+: 1:10
Major Cash Indices	1:100	0–300: 1:100; 300–500: 1:50; 500–700: 1:20; 700+: 1:10
Other Cash Indices	1:50	0–200: 1:50; 200–400: 1:20; 400+: 1:10
Gold Futures	1:50	0–50: 1:50; 50–75: 1:20; 75+: 1:10
Silver Futures	1:20	0–20: 1:20; 20+: 1:10
Cryptocurrencies	No standard cap	Normal dynamic tiers continue; discretionary restrictions may apply

Example disclaimer

All examples are illustrative and exclude spreads, commissions, swaps, price slippage, and other charges. Live margin is calculated by the trading platform using the current price, account currency, contract specifications, and active trading conditions. The platform figure prevails.

Common questions

What if my normal tier is already lower than the Friday cap?

Nothing changes. TRY pairs, for example, are capped at 1:5 no matter what the 1:200 Friday cap on Majors does. The lower number always applies.

Are cryptocurrencies subject to the standard Friday cap?

No. Cryptocurrency CFDs trade over the weekend, so they're not part of the standard Friday-close profile, and their normal tiers still apply. FNmarkets can still apply separate higher-margin conditions, restrict trading, or change leverage during periods of exceptional volatility, illiquidity, maintenance, or market disruption.

What happens around public holidays or early market closes?

The higher-margin window can start earlier or run longer than usual when an instrument has shortened trading hours, is closed for a holiday, or has reduced liquidity. Check the trading-hours notices and live Contract Specifications if you're unsure.

Can a higher margin cause an order rejection, margin call, or stop-out?

Yes. Lower leverage increases the margin you need and reduces your free margin, so a new order can be rejected if there isn't enough available. If a margin recalculation brings your account down to the stop-out threshold, positions can be closed automatically under the platform rules.

Does higher leverage increase profit on the same position size?

No. Profit and loss for a given position size are driven by market movement and the instrument's value, not by the leverage label. Higher leverage reduces the margin required to control a position and can allow greater exposure, increasing the risk of rapid losses.

Is Unlimited Dynamic Leverage available to every client?

No. It depends on your FNmarkets entity, account type, platform, instrument, and account eligibility, as well as regulatory requirements and risk controls. The published leverage is the maximum available and is not guaranteed for every account or trade.

Can FNmarkets change leverage tiers or higher-margin conditions?

Yes. FNmarkets can update the eligible instruments, volume thresholds, leverage tiers, account eligibility, and temporary margin requirements in response to market, liquidity, regulatory, operational, or risk conditions. Always check the latest leverage tables, Contract Specifications, trading-hours notices, and applicable terms before trading.

Summary

Smaller trades carry the lowest margin requirement, which increases in steps as your exposure grows. The system handles that automatically as you trade, and the Friday close (along with holidays and unusual market conditions) can temporarily increase the margin you need. Whatever the situation, MT5's live figure is the one that actually applies.

Need help?

If anything here isn't clear, reach out via live chat, and we'll walk through it with you.