Leverage

Leverage in perpetual futures trading refers to the use of borrowed funds or margin to control a position that is larger than the trader's available capital.

Leverage enables traders to potentially amplify their profits or losses by providing them with greater market exposure.

Traders should be cautious when using leverage and consider their risk tolerance carefully, as well as use appropriate risk management strategies to limit their exposure to potential losses.

Prodigy cross margin trading supports a maximum leverage of 20x.