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Leverage calculator
Convert between position size, account equity and leverage, in either direction.
Leverage calculator
Effective leverage
1:20.00
Equity required
$3333.33
Leverage multiplies losses exactly as much as it multiplies gains. Higher leverage means a smaller adverse move wipes out your equity — it is a measure of exposure, not of opportunity.
These calculators work only from the numbers you type in. They do not know your account, your broker or your open positions, and nothing you enter is saved or sent anywhere. They are educational tools, not trading advice.