Short answer: Our order panel keeps your position size (quantity × price) the same while you move the leverage slider. With size fixed, the required margin is:

M = S/L (Margin = Position Size ÷ Leverage)

So when you increase L, the M needed for that same trade goes down.

Think of it like this:

You pick how big the trade is (the Quantity).

Leverage decides how much of your money is tied up as margin for that size.

Same size + more leverage ⇒ less of your cash is locked as margin.

Quick example (size held constant at $100,000):

10× → margin $10,000

20× → margin $5,000

100× → margin $1,000

“I expected my margin to go up when I raise leverage.”

There are two ways to think about it:

Lock size (what our platform does): moving the slider changes the margin needed for the same size.

Lock margin (what some traders might expect): if you want more leverage to increase your position size, keep a margin budget in mind and raise Quantity so that S = M × L.

Margin and Leverage in practical examples:

Leverage at 10x – margin at $11,842.5:

Leverage at 20x – margin at $5,922.2:

Leverage at 100x – margin at $1,184.8: