Leverage lets you control a larger position with a smaller amount of capital, magnifying both gains and losses.
Example: 1:100 leverage means $1 margin controls $100 of position. To open a $100,000 position, you need $1,000 margin.
Pipstone leverage:
1-Step Challenge accounts: 1:50
2-Step Challenge accounts: 1:100
Higher leverage increases the risk of hitting daily/overall drawdown limits — size positions carefully.
Pipstone Leverage Breakdown
Forex Leverage
1-Step Challenge: 1:50
2-Step Challenge: 1:100
Instant Funding: 1:50
Gold (XAUUSD) Leverage
1-Step Challenge: 1:50
2-Step Challenge: 1:100
Instant Funding: 1:50
Crypto Leverage
2-Step Challenge: 1:30
1-Step Challenge: 1:20
Instant Funding: 1:10
Why Leverage Differs Across Accounts
Leverage is adjusted based on volatility and risk management requirements. Forex has the highest leverage. Gold leverage is moderate due to volatility. Crypto has the lowest leverage due to extreme volatility.
Key Takeaways
Leverage increases buying power but also increases risk.
Higher leverage can make it easier to breach drawdown limits.
Gold and crypto have separate leverage rules due to volatility.
Proper position sizing is essential to protect your funded account.