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It is expressed as a ratio — for example, ",["$","strong",null,{"className":"text-text-primary","children":"1:100"}]," means that for every $1 of your own money, you can control $100 in the market."]}],["$","p",null,{"children":["In practical terms, if you have $1,000 in your account and use 1:100 leverage, you can open a position worth $100,000. The broker effectively lends you the difference, using your $1,000 as collateral (known as ",["$","strong",null,{"className":"text-text-primary","children":"margin"}],")."]}],["$","p",null,{"children":"Leverage amplifies both profits and losses proportionally. If the market moves 1% in your favour on a $100,000 position, you gain $1,000 — a 100% return on your $1,000 margin. But if the market moves 1% against you, you lose $1,000 — your entire margin. This dual nature makes leverage one of the most powerful yet dangerous tools in a trader's arsenal."}],["$","p",null,{"children":["At QuantaraEX, leverage is available up to ",["$","strong",null,{"className":"text-text-primary","children":"1:500"}]," on forex majors for VIP accounts, with lower ratios applied to more volatile instruments like cryptocurrencies and individual stocks, reflecting the higher risk those markets carry."]}]]}]]}],["$","div",null,{"className":"lg:col-span-1","children":["$","div",null,{"className":"glass-card sticky top-28","children":[["$","h3",null,{"className":"text-lg font-bold mb-4 flex items-center gap-2","children":[["$","svg",null,{"className":"w-5 h-5 text-accent-blue","fill":"none","viewBox":"0 0 24 24","stroke":"currentColor","children":["$","path",null,{"strokeLinecap":"round","strokeLinejoin":"round","strokeWidth":2,"d":"M13 16h-1v-4h-1m1-4h.01M21 12a9 9 0 11-18 0 9 9 0 0118 0z"}]}],"Leverage at a Glance"]}],["$","ul",null,{"className":"space-y-4","children":[["$","li","Maximum Available",{"className":"border-b border-border pb-3 last:border-0 last:pb-0","children":[["$","span",null,{"className":"text-xs font-medium text-text-muted uppercase tracking-wider block mb-1","children":"Maximum Available"}],["$","span",null,{"className":"text-base font-semibold text-text-primary","children":"Up to 1:500 (VIP)"}]]}],["$","li","Margin Call Level",{"className":"border-b border-border pb-3 last:border-0 last:pb-0","children":[["$","span",null,{"className":"text-xs font-medium text-text-muted uppercase tracking-wider block mb-1","children":"Margin Call Level"}],["$","span",null,{"className":"text-base font-semibold text-text-primary","children":"80% margin level"}]]}],["$","li","Stop-Out Level",{"className":"border-b border-border pb-3 last:border-0 last:pb-0","children":[["$","span",null,{"className":"text-xs font-medium text-text-muted uppercase tracking-wider block mb-1","children":"Stop-Out Level"}],["$","span",null,{"className":"text-base font-semibold text-text-primary","children":"50% margin level"}]]}],["$","li","Negative Balance",{"className":"border-b border-border pb-3 last:border-0 last:pb-0","children":[["$","span",null,{"className":"text-xs font-medium text-text-muted uppercase tracking-wider block mb-1","children":"Negative Balance"}],["$","span",null,{"className":"text-base font-semibold text-text-primary","children":"Protection included"}]]}],["$","li","Adjustable",{"className":"border-b border-border pb-3 last:border-0 last:pb-0","children":[["$","span",null,{"className":"text-xs font-medium text-text-muted uppercase tracking-wider block mb-1","children":"Adjustable"}],"$L14"]}]]}]]}]}]]}]}] 7:["$","section",null,{"className":"site-section section-alt","children":["$","div",null,{"className":"site-container","children":[["$","h2",null,{"className":"text-3xl md:text-4xl font-bold mb-4","children":["How ",["$","span",null,{"className":"gradient-text","children":"Margin"}]," Works"]}],["$","p",null,{"className":"text-text-secondary text-lg leading-relaxed max-w-3xl mb-10","children":"Margin is the amount of capital your broker holds as collateral when you open a leveraged position. It is not a fee — it is your money, set aside to cover potential losses."}],["$","div",null,{"className":"grid md:grid-cols-2 lg:grid-cols-3 gap-6 mb-10","children":[["$","div","Used Margin",{"className":"glass-card","children":[["$","h3",null,{"className":"font-bold text-text-primary mb-2","children":"Used Margin"}],["$","p",null,{"className":"text-sm text-text-secondary leading-relaxed","children":"The portion of your balance currently locked as collateral for open positions. Each position requires a specific margin amount based on the instrument, leverage, and position size."}]]}],["$","div","Free Margin",{"className":"glass-card","children":[["$","h3",null,{"className":"font-bold text-text-primary mb-2","children":"Free Margin"}],["$","p",null,{"className":"text-sm text-text-secondary leading-relaxed","children":"The difference between your equity and used margin. This is the capital available for opening new positions or absorbing floating losses on existing ones. Free Margin = Equity - Used Margin."}]]}],["$","div","Margin Level",{"className":"glass-card","children":[["$","h3",null,{"className":"font-bold text-text-primary mb-2","children":"Margin Level"}],["$","p",null,{"className":"text-sm text-text-secondary leading-relaxed","children":"A percentage that shows how much of your equity is being used as margin. Calculated as (Equity / Used Margin) x 100. A margin level of 500% means your equity is five times your used margin."}]]}],["$","div","Equity",{"className":"glass-card","children":[["$","h3",null,{"className":"font-bold text-text-primary mb-2","children":"Equity"}],["$","p",null,{"className":"text-sm text-text-secondary leading-relaxed","children":"Your account balance plus or minus the unrealised profit or loss on open positions. Equity fluctuates in real time as your positions move in and out of profit."}]]}],["$","div","Balance",{"className":"glass-card","children":[["$","h3",null,{"className":"font-bold text-text-primary mb-2","children":"Balance"}],["$","p",null,{"className":"text-sm text-text-secondary leading-relaxed","children":"The total cash in your account, reflecting only closed trades and deposits/withdrawals. It does not change while positions are open — only equity does."}]]}],["$","div","Margin Requirement",{"className":"glass-card","children":[["$","h3",null,{"className":"font-bold text-text-primary mb-2","children":"Margin Requirement"}],["$","p",null,{"className":"text-sm text-text-secondary leading-relaxed","children":"The percentage of the position value that must be posted as margin. For 1:100 leverage, the requirement is 1%. For 1:20 leverage, it is 5%. Lower leverage = higher margin required."}]]}]]}],["$","div",null,{"className":"glass-card","children":[["$","h3",null,{"className":"text-lg font-bold text-text-primary mb-2","children":"Margin Calculation Formula"}],["$","div",null,{"className":"bg-bg-surface rounded-lg p-4 font-mono text-sm text-text-primary mb-3","children":"Required Margin = (Position Size x Current Price) / Leverage"}],["$","p",null,{"className":"text-sm text-text-secondary leading-relaxed","children":[["$","strong",null,{"children":"Example:"}]," To open 1 lot of EUR/USD (100,000 units) at a price of 1.0850 with 1:100 leverage: Required Margin = (100,000 x 1.0850) / 100 = ",["$","strong",null,{"className":"text-text-primary","children":"$$1,085"}],"."]}]]}]]}]}] 8:["$","section",null,{"className":"site-section","children":["$","div",null,{"className":"site-container","children":[["$","h2",null,{"className":"text-3xl md:text-4xl font-bold mb-4","children":["Leverage ",["$","span",null,{"className":"gradient-text","children":"by Instrument"}]]}],["$","p",null,{"className":"text-text-secondary text-lg leading-relaxed max-w-3xl mb-8","children":"Different instruments carry different levels of risk and volatility, which is why maximum leverage varies across asset classes. More volatile instruments have lower maximum leverage to protect both the trader and the broker."}],["$","div",null,{"className":"overflow-x-auto","children":["$","table",null,{"className":"w-full text-left","children":[["$","thead",null,{"children":["$","tr",null,{"className":"border-b-2 border-border","children":[["$","th",null,{"className":"py-3 pr-4 text-sm font-semibold text-text-primary","children":"Instrument"}],["$","th",null,{"className":"py-3 pr-4 text-sm font-semibold text-text-primary","children":"Max Leverage"}],["$","th",null,{"className":"py-3 pr-4 text-sm font-semibold text-text-primary","children":"Margin Required"}],["$","th",null,{"className":"py-3 text-sm font-semibold text-text-primary","children":"Examples"}]]}]}],["$","tbody",null,{"children":[["$","tr","Forex Majors",{"className":"border-b border-border ","children":[["$","td",null,{"className":"py-3 pr-4 font-semibold text-text-primary","children":"Forex Majors"}],["$","td",null,{"className":"py-3 pr-4 text-accent-blue font-semibold","children":"1:500"}],["$","td",null,{"className":"py-3 pr-4 text-sm text-text-secondary","children":"0.2%"}],["$","td",null,{"className":"py-3 text-sm text-text-muted","children":"EUR/USD, GBP/USD"}]]}],["$","tr","Forex Minors",{"className":"border-b border-border bg-bg-surface","children":[["$","td",null,{"className":"py-3 pr-4 font-semibold text-text-primary","children":"Forex Minors"}],["$","td",null,{"className":"py-3 pr-4 text-accent-blue font-semibold","children":"1:200"}],["$","td",null,{"className":"py-3 pr-4 text-sm text-text-secondary","children":"0.5%"}],["$","td",null,{"className":"py-3 text-sm text-text-muted","children":"EUR/GBP, AUD/JPY"}]]}],["$","tr","Forex Exotics",{"className":"border-b border-border ","children":[["$","td",null,{"className":"py-3 pr-4 font-semibold text-text-primary","children":"Forex Exotics"}],["$","td",null,{"className":"py-3 pr-4 text-accent-blue font-semibold","children":"1:100"}],["$","td",null,{"className":"py-3 pr-4 text-sm text-text-secondary","children":"1.0%"}],["$","td",null,{"className":"py-3 text-sm text-text-muted","children":"USD/TRY, USD/ZAR"}]]}],["$","tr","Indices",{"className":"border-b border-border bg-bg-surface","children":[["$","td",null,{"className":"py-3 pr-4 font-semibold text-text-primary","children":"Indices"}],["$","td",null,{"className":"py-3 pr-4 text-accent-blue font-semibold","children":"1:100"}],["$","td",null,{"className":"py-3 pr-4 text-sm text-text-secondary","children":"1.0%"}],["$","td",null,{"className":"py-3 text-sm text-text-muted","children":"S&P 500, DAX 40"}]]}],["$","tr","Commodities",{"className":"border-b border-border ","children":[["$","td",null,{"className":"py-3 pr-4 font-semibold text-text-primary","children":"Commodities"}],["$","td",null,{"className":"py-3 pr-4 text-accent-blue font-semibold","children":"1:100"}],["$","td",null,{"className":"py-3 pr-4 text-sm text-text-secondary","children":"1.0%"}],["$","td",null,{"className":"py-3 text-sm text-text-muted","children":"Gold, Oil"}]]}],["$","tr","Stocks CFDs",{"className":"border-b border-border bg-bg-surface","children":[["$","td",null,{"className":"py-3 pr-4 font-semibold text-text-primary","children":"Stocks CFDs"}],["$","td",null,{"className":"py-3 pr-4 text-accent-blue font-semibold","children":"1:20"}],["$","td",null,{"className":"py-3 pr-4 text-sm text-text-secondary","children":"5.0%"}],["$","td",null,{"className":"py-3 text-sm text-text-muted","children":"AAPL, TSLA"}]]}],["$","tr","Cryptocurrencies",{"className":"border-b border-border ","children":[["$","td",null,{"className":"py-3 pr-4 font-semibold text-text-primary","children":"Cryptocurrencies"}],["$","td",null,{"className":"py-3 pr-4 text-accent-blue font-semibold","children":"1:5"}],"$L15","$L16"]}]]}]]}]}],"$L17"]}]}] 9:["$","section",null,{"className":"site-section section-alt","children":["$","div",null,{"className":"site-container","children":[["$","h2",null,{"className":"text-3xl md:text-4xl font-bold mb-4","children":["Practical ",["$","span",null,{"className":"gradient-text","children":"Examples"}]]}],["$","p",null,{"className":"text-text-secondary text-lg leading-relaxed max-w-3xl mb-10","children":"The best way to understand leverage is through concrete examples. Here are three real-world scenarios showing how margin and leverage interact."}],["$","div",null,{"className":"grid lg:grid-cols-3 gap-6","children":[["$","div","Forex — EUR/USD at 1:100",{"className":"glass-card","children":[["$","h3",null,{"className":"text-lg font-bold text-text-primary mb-4","children":"Forex — EUR/USD at 1:100"}],["$","div",null,{"className":"space-y-3 mb-4","children":[["$","div","Position",{"className":"flex justify-between items-start text-sm border-b border-border pb-2 last:border-0 last:pb-0","children":[["$","span",null,{"className":"text-text-muted","children":"Position"}],["$","span",null,{"className":"text-text-primary font-medium text-right ml-2","children":"1 standard lot (100,000 EUR)"}]]}],["$","div","Position Value",{"className":"flex justify-between items-start text-sm border-b border-border pb-2 last:border-0 last:pb-0","children":[["$","span",null,{"className":"text-text-muted","children":"Position Value"}],["$","span",null,{"className":"text-text-primary font-medium text-right ml-2","children":"$$100,000"}]]}],["$","div","Leverage",{"className":"flex justify-between items-start text-sm border-b border-border pb-2 last:border-0 last:pb-0","children":[["$","span",null,{"className":"text-text-muted","children":"Leverage"}],["$","span",null,{"className":"text-text-primary font-medium text-right ml-2","children":"1:100"}]]}],["$","div","Margin Required",{"className":"flex justify-between items-start text-sm border-b border-border pb-2 last:border-0 last:pb-0","children":[["$","span",null,{"className":"text-text-muted","children":"Margin Required"}],["$","span",null,{"className":"text-text-primary font-medium text-right ml-2","children":"$$1,000"}]]}],["$","div","Pip Value",{"className":"flex justify-between items-start text-sm border-b border-border pb-2 last:border-0 last:pb-0","children":[["$","span",null,{"className":"text-text-muted","children":"Pip Value"}],["$","span",null,{"className":"text-text-primary font-medium text-right ml-2","children":"~$10 per pip"}]]}]]}],["$","div",null,{"className":"p-3 bg-bg-surface rounded-lg","children":["$","p",null,{"className":"text-xs text-text-secondary leading-relaxed","children":[["$","strong",null,{"className":"text-text-primary","children":"Key insight:"}]," ","A 50-pip move represents a $500 profit or loss — 50% of your margin."]}]}]]}],["$","div","Stocks — Apple CFD at 1:20",{"className":"glass-card","children":[["$","h3",null,{"className":"text-lg font-bold text-text-primary mb-4","children":"Stocks — Apple CFD at 1:20"}],["$","div",null,{"className":"space-y-3 mb-4","children":[["$","div","Position",{"className":"flex justify-between items-start text-sm border-b border-border pb-2 last:border-0 last:pb-0","children":[["$","span",null,{"className":"text-text-muted","children":"Position"}],["$","span",null,{"className":"text-text-primary font-medium text-right ml-2","children":"100 shares at $175"}]]}],["$","div","Position Value",{"className":"flex justify-between items-start text-sm border-b border-border pb-2 last:border-0 last:pb-0","children":[["$","span",null,{"className":"text-text-muted","children":"Position Value"}],["$","span",null,{"className":"text-text-primary font-medium text-right ml-2","children":"$$17,500"}]]}],["$","div","Leverage",{"className":"flex justify-between items-start text-sm border-b border-border pb-2 last:border-0 last:pb-0","children":[["$","span",null,{"className":"text-text-muted","children":"Leverage"}],["$","span",null,{"className":"text-text-primary font-medium text-right ml-2","children":"1:20"}]]}],["$","div","Margin Required",{"className":"flex justify-between items-start text-sm border-b border-border pb-2 last:border-0 last:pb-0","children":["$L18","$L19"]}],"$L1a"]}],"$L1b"]}],"$L1c"]}]]}]}] a:["$","section",null,{"className":"site-section","children":["$","div",null,{"className":"site-container","children":[["$","h2",null,{"className":"text-3xl md:text-4xl font-bold mb-4","children":["Margin Call & ",["$","span",null,{"className":"gradient-text","children":"Liquidation"}]]}],["$","p",null,{"className":"text-text-secondary text-lg leading-relaxed max-w-3xl mb-10","children":"When your account equity drops relative to the margin used, the system triggers protective mechanisms to limit your losses. Understanding these levels is critical."}],["$","div",null,{"className":"space-y-4","children":[["$","div","Healthy",{"className":"p-5 rounded-xl border border-green-500/30 bg-green-500/10","children":[["$","div",null,{"className":"flex items-center gap-3 mb-2","children":[["$","h3",null,{"className":"font-bold text-green-500","children":"Healthy"}],["$","span",null,{"className":"text-sm text-text-muted","children":["— Margin Level: ","Above 200%"]}]]}],["$","p",null,{"className":"text-sm text-text-secondary leading-relaxed","children":"Your account has ample free margin. You can open new positions and your existing positions are well-supported. This is the zone you should aim to stay in through proper position sizing."}]]}],["$","div","Warning",{"className":"p-5 rounded-xl border border-yellow-500/30 bg-yellow-500/10","children":[["$","div",null,{"className":"flex items-center gap-3 mb-2","children":[["$","h3",null,{"className":"font-bold text-yellow-500","children":"Warning"}],["$","span",null,{"className":"text-sm text-text-muted","children":["— Margin Level: ","100% – 200%"]}]]}],["$","p",null,{"className":"text-sm text-text-secondary leading-relaxed","children":"Your free margin is decreasing. While you can still maintain positions, opening new ones may be restricted. Consider reducing exposure or adding funds to your account."}]]}],["$","div","Margin Call",{"className":"p-5 rounded-xl border border-orange-500/30 bg-orange-500/10","children":[["$","div",null,{"className":"flex items-center gap-3 mb-2","children":[["$","h3",null,{"className":"font-bold text-orange-500","children":"Margin Call"}],["$","span",null,{"className":"text-sm text-text-muted","children":["— Margin Level: ","At 80%"]}]]}],["$","p",null,{"className":"text-sm text-text-secondary leading-relaxed","children":"QuantaraEX issues a margin call notification when your margin level drops to 80%. This is a warning that your account is approaching dangerous territory. 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Before confirming any order, the platform displays the required margin, pip value, and estimated cost, so you always know exactly what you are committing before placing a trade."}]]}],["$","div",null,{"className":"mt-8 p-5 bg-accent-blue/5 border border-accent-blue/20 rounded-xl max-w-3xl","children":["$","p",null,{"className":"text-sm text-text-secondary leading-relaxed","children":[["$","strong",null,{"className":"text-accent-blue","children":"Important:"}]," Between 70-80% of retail investor accounts lose money when trading leveraged products. You should consider whether you understand how leverage works and whether you can afford to take the high risk of losing your money. 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12:["$","$1","h",{"children":[null,["$","$L2f",null,{"children":"$L30"}],["$","div",null,{"hidden":true,"children":["$","$L31",null,{"children":["$","$2d",null,{"name":"Next.Metadata","children":"$L32"}]}]}],["$","meta",null,{"name":"next-size-adjust","content":""}]]}] :HL["/logo-footer.png","image"] 14:["$","span",null,{"className":"text-base font-semibold text-text-primary","children":"Yes, per account"}] 15:["$","td",null,{"className":"py-3 pr-4 text-sm text-text-secondary","children":"20.0%"}] 16:["$","td",null,{"className":"py-3 text-sm text-text-muted","children":"BTC/USD, ETH/USD"}] 17:["$","div",null,{"className":"mt-6 p-5 bg-accent-blue/5 border border-accent-blue/20 rounded-xl","children":["$","p",null,{"className":"text-sm text-text-secondary leading-relaxed","children":[["$","strong",null,{"className":"text-accent-blue","children":"Note:"}]," Maximum leverage depends on your account type. Standard accounts have a maximum of 1:200, while VIP accounts can access up to 1:500 on forex majors. 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In extreme market conditions where the stop-out mechanism cannot execute at the exact threshold (e.g., during a flash crash or major gap), your account balance will never go below zero. Any negative balance is automatically reset at no cost to you."}] 1e:["$","p",null,{"className":"text-sm text-text-secondary leading-relaxed","children":"When using 1:100 leverage, a $1,000 margin controls a $100,000 position. Gains and losses are calculated on the full $100,000, not just your $1,000 margin. Always think in terms of the total position size, not just the margin posted."}] 1f:["$","div","Start with Lower Leverage",{"className":"flex gap-4 p-6 rounded-xl border border-border hover:border-border-hover transition-colors","children":[["$","div",null,{"className":"flex-shrink-0 w-10 h-10 rounded-lg bg-accent-blue/10 flex items-center justify-center","children":["$","svg",null,{"className":"w-5 h-5 text-accent-blue","fill":"none","viewBox":"0 0 24 24","stroke":"currentColor","children":["$","path",null,{"strokeLinecap":"round","strokeLinejoin":"round","strokeWidth":2,"d":"M9 12l2 2 4-4m5.618-4.016A11.955 11.955 0 0112 2.944a11.955 11.955 0 01-8.618 3.04A12.02 12.02 0 003 9c0 5.591 3.824 10.29 9 11.622 5.176-1.332 9-6.03 9-11.622 0-1.042-.133-2.052-.382-3.016z"}]}]}],["$","div",null,{"children":[["$","h3",null,{"className":"font-bold text-text-primary mb-1","children":"Start with Lower Leverage"}],["$","p",null,{"className":"text-sm text-text-secondary leading-relaxed","children":"Just because 1:500 leverage is available does not mean you should use it. 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