Leverage

Sheer Markets enables clients to trade on Margin and Leverage ratios as those set by the regulatory requirements.

Leverage ratios are different between asset classes and financial instruments.
Trading on leveraged capital means that clients can trade amounts significantly higher than the funds invested, which only serves as the margin. High leverage can dramatically increase the potential return, but it can also considerably increase potential losses.

For more detailed information, please refer to our Leverage and Margin Policy.

We set out below these classes together with the maximum leverage levels that are available through our trading platforms:

Retail Clients
CFD Underlying Asset Leverage Initial Margin Required
1.Major Currency Pairs (pair of any two of these – EUR, USD, JPY, GBP, CAD, CHF) 1 : 30 3.33%
2.Forex non-major (i.e. a currency pair composed of at least one currency that is not listed in point (1) above) 1 : 20 5%
3.Gold
4.Major indices (any of the following equity indices: Financial Times Stock Exchange 100 (FTSE 100); Cotation Assistée en Continu 40 (CAC 40); Deutsche Bourse AG German Stock Index 30 (DAX30); Dow Jones Industrial Average (DJIA); Standard & Poors 500 (S&P 500); NASDAQ Composite Index (NASDAQ), NASDAQ 100 Index (NASDAQ 100); Nikkei Index (Nikkei 225); Standard & Poors / Australian Securities Exchange 200 (ASX 200); EURO STOXX 50 Index (EURO STOXX 50))
5.Commodities (All except Gold) 1 : 10 10%
6.Non-major indices (All except Major Indices listed in point (4) above)
7.Shares 1 : 5 20%
8.Cryptocurrencies 1 : 1.333 75%
Professional Clients
CFD Underlying Asset Leverage Initial Margin Required
Major Currency Pairs 1 : 100 1%
Minor Currency Pairs 1 : 25 4%
Commodities, Metals, Indices (Major and Non-Major) 1 : 20 5%
Shares 1 : 10 10%
Cryptocurrencies 1 : 1.333 75%
**Please note that we reserve the right to change at our sole discretion the margin requirements without prior notification to you, based on actual or expected market volatility or our view of market conditions in general. During expected extreme volatility, the offered leverage shall be reduced according to the levels decided by the Company’s Risk Manager along with the Company’s Management.
Asset Type Currency pair Max Leverage Retail Max Leverage Professional
NDF / Monthly USDBRL 1:10 1:10
NDF / Monthly USDCNY 1:20 1:20
NDF / Monthly USDIDR 1:20 1:25
NDF / Monthly USDINR 1:20 1:25
NDF / Monthly USDKRW 1:20 1:25
NDF / Monthly USDTWD 1:20 1:25
NDF / Spot USDBRL 1:10 1:10
NDF / Spot USDIDR 1:10 1:10
NDF / Spot USDINR 1:16 1:16
NDF / Spot USDKRW 1:20 1:20

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts suffer capital losses when executed on CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.