XM - What's now?
XM has updated the maximum leverage to 1:1000 in June 2022.
Leverage 1:1000 does not apply to client registered under the EU regulated entity of the Group. The maximum leverage for Trading Point of Financial Instruments is 30:1.
Balance is the account balance calculated with all closed positions.
It does not include the floating loss or profit.
Equity is the floating balance including the current floating loss or profit.
Equity changes in response to the market price of the open positions.
Both parameters can be seen on MT4 trading platform in real time.
If you wish to calculate before making a trade, you may use the Calculator from the official website of a Demo trading account to see the numbers.