Here is an explanation of leverage on XS (XS.com). We have summarized how leverage works on XS (XS.com), as well as the maximum leverage limits and restrictions by security (verified in August 2026; please be sure to check the official website for the latest terms and conditions).
[Conclusion] The maximum leverage for XS is 2,000x. However, the 2,000x leverage applies primarily to major FX currency pairs and gold; the upper limit varies depending on the instrument.
Maximum Leverage by Security for XS
| Stock | Maximum Leverage |
|---|---|
| Major FX Currency Pairs and Gold | 2,000 times |
| FX Minor Currencies, Crude Oil, and Major Stock Indices | 500 times |
| FX Exotic Currencies and Silver | 200 times |
| Minor Stock Indices, Platinum, and Palladium | 100 times |
*You can choose a leverage ratio between 1x and 2,000x, and you can change it even after opening your account.
Main Cases Where Leverage Is Limited
Restrictions Based on the Number of Lots Held
As your open positions grow larger, the applicable leverage may be gradually reduced in stages based on the rules for each security.
Before and After Key Economic Indicators (HMR Period)
During periods of high market risk (HMR)—such as around the release of key economic indicators—the maximum leverage for new orders is limited to 200x.
How to Change Your Leverage (3 Steps)
- Log in to the XS member page and open the settings for the applicable account
- Select "Change Leverage" and choose your desired leverage ratio
- Confirm (Note: You may not be able to make changes if you have open positions.)
The Relationship Between High Leverage and Cashback
Since REBATE ONE's cashback is based on trading volume (number of lots), it is eligible for reimbursement regardless of the leverage ratio. Because XS uses an auto-rebate (automatic crediting) system, the rebate is credited directly to your trading account.
Please check the XS official website for the latest terms and conditions.
FAQ
There are some stocks that cannot be traded at 2,000x leverage.
The 2,000x leverage applies primarily to major FX currency pairs and gold. For other instruments, the maximum leverage limits specified for each instrument in the table above apply.
Does the cashback rate change if I increase my leverage?
It remains the same. Rebates are based on trading volume, and leverage settings do not affect the rebate rate.
