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Pre-Close Leverage Policy for Gold and Silver Trading

Understand how the pre-close policy caps new Gold positions at 200:1 while Silver remains subject to its normal 100:1 maximum.

Effective May 1, 2026, new Gold positions opened during designated pre-close windows are capped at 200:1. Silver remains subject to its normal maximum of 100:1 and is not increased to 200:1.

How Does the Policy Apply to Gold and Silver?

Gold and Silver have different normal maximum leverage. The 200:1 pre-close cap is a ceiling for Gold; it does not override or increase Silver’s lower product maximum.

Instrument

Normal maximum

Pre-close treatment

Maximum during the window

Gold (XAU)

Up to 500:1; it may be lower under applicable account rules

Capped at 200:1

The lower of the applicable account leverage and 200:1

Silver (XAG)

Up to 100:1

No increase or further reduction under this 200:1 cap

The lower of the applicable account leverage and 100:1

The 200:1 figure is a ceiling, not a guaranteed leverage setting. It never increases a lower product or account limit.


When Do the Pre-Close Windows Apply?

Trading day

Pre-close window

New Gold positions

New Silver positions

Monday to Thursday

Final 60 minutes before the daily market close

Maximum 200:1

Maximum 100:1 (unchanged)

Friday

Final 120 minutes before the weekly market close

Maximum 200:1

Maximum 100:1 (unchanged)


How Is Effective Leverage Determined?

For a new position opened during a designated window, the system applies the lowest applicable limit under the product, account and pre-close rules.

Examples:

  • Gold with higher account leverage: If the account leverage is 500:1 and a new Gold position is opened during the restricted window, the position is capped at 200:1.

  • Gold with lower account leverage: If the account leverage is 100:1 and a new Gold position is opened during the restricted window, the position remains at 100:1.

  • Silver: Even if the account leverage is higher than 200:1, Silver remains subject to its product maximum of 100:1. The pre-close policy does not increase Silver to 200:1.


Which Positions Are Affected?

  • Applicable positions: Only new positions opened within the designated windows are covered by this pre-close policy.

  • Existing positions: Positions opened before a restricted window begins are not affected, and their margin requirements remain unchanged.

  • Effective date: This policy has been effective since May 1, 2026.


Separate temporary leverage policy from 1 September 2026

The temporary leverage policy takes effect on 1 September 2026 at 00:00 (GMT+3). Temporary limits are separate from normal dynamic leverage and the existing pre-close policy.

It covers all four types of trading accounts on MT4 and MT5, as well as Social Trading Signal accounts and Funds Management accounts. Accounts under the ASIC entity are excluded from this policy.

  • For designated news, the standard window is 15 minutes before to 15 minutes after release: new XAUUSD/XAUEUR positions have a maximum of 1:200; XAGUSD remains at 1:100. Normal Gold and Silver product maximums remain 1:500 and 1:100 respectively.

  • Only new positions opened in the restriction window are covered; this restriction does not change margin for positions opened beforehand. Other lower applicable limits still apply. This does not replace normal dynamic leverage or the separate pre-close rules.

Subject to applicable law and account terms, FXTRADING.com may make temporary changes at any time its Trading Team considers necessary. Check the latest applicable official notice and current conditions; do not infer an active restriction or automatic restoration from an account's displayed maximum.


Related Information

For normal product leverage and account-equity reductions, see Understanding Dynamic Leverage Limits.

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