Leverage & Margin
IntermediateHow leverage works and margin requirements.
Leverage allows you to control a larger position with a smaller amount of capital. Understanding margin requirements is essential for risk management.
Leverage by Asset Class
| Asset Class | Max Leverage | Margin Required |
|---|---|---|
| Crypto Majors (BTC, ETH) | 100x | 1% |
| Crypto Altcoins | 50x | 2% |
| Forex Majors | 100x | 1% |
| Forex Minors | 50x | 2% |
| Indices | 50x | 2% |
| Commodities | 50x | 2% |
Margin Call
If your margin level falls below 50%, positions will be automatically liquidated starting with the largest losing position. Always maintain adequate margin to avoid forced liquidation.
Cross vs Isolated Margin
SPIKE uses cross-margin by default — your entire account balance serves as margin for all open positions. This means a loss on one position can affect your ability to hold other positions.
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