Contact Us
FAQs
en_GB English
en_GB English es_ES Español fr_FR Français
en_GB English
en_GB English es_ES Español fr_FR Français
Start Trading
en_GB English
en_GB English es_ES Español fr_FR Français
Start Trading

Margin and Leverage

Flexible trading conditions at Icon FX with access to 1:500 leverage

What is Margin?

To open a CFD (contract for difference) position, you must deposit margin money. This margin is a percentage of the total position value and is called 'position margin' on our platform. If your account equity drops below the required margin, your position will be closed, also known as being 'stopped-out'.

How Does Leverage Work?

Leverage is a key feature of CFD trading, it allows traders to trade with an increased exposure to a market. This can be used to take advantage of smaller price movements and to manage risk effectively even with smaller account balances. For example: leverage of 100:1 for instance, will allow an investor to invest $10,000 in the market with only $100 as a deposit.

Margin Call

A margin call is an alert to deposit additional funds into your trading account. Whenever your account margin falls below 80% of the required margin, a margin call warning will be sent via email. The purpose of this notice is to inform you that you do not have sufficient funds to keep open positions.

Stop-out Level

The stop-out level dictates the equity threshold at which open positions will be automatically closed. At Icon FX when your account margin drops below 50%, the open positions are closed. Margin calls can be made at short notice and can be substantial. It is important for you to familiarise yourself with our Margin Call Policy.

Ready to Start Trading?

Open an account in 3 minutes and receive your login details instantly.
Copyright © 2024 IconFX
Icon FX is a trade name of Icon Tech PTY Ltd, a limited company registered in Australia authorised and regulated by the Australian Securities & Investments Commission (ABN 94 650 709 265)

Here at Icon FX we want to expand our positive influence beyond the financial sector. That’s why when you trade with Icon FX we commit a portion of our revenue to supporting world-leading projects like Ocean-Bound Plastic Clean-up and Mangrove Tree Planting. See more info here https://verdn.com/
Risk Warning: Trading foreign exchange on margin carries significant risks, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. With the demo account you can test any trading strategies you wish in a risk-free environment. Please bear in mind that the results of the transactions of the practice account are virtual, and do not reflect any real profit or loss or a real trading environment, whereas market conditions may affect both the quotation and execution. A Disclosure Document is available here. Information about our services, including our fees and charges is also available at those sources.