Leverage trading at Figure Markets
Leverage trading is available to U.S. Eligible Contract Participants (ECPs) and all international Figure Markets members. You can access up to 5x leverage on eligible assets (BTC, ETH, USD, and HASH). This means you can use $1 of collateral to borrow up to $4.
Interest rates are quoted as an annual percentage rate (APR) and are adjusted proportionally for the loan period. For example, a loan period of 1 hour at a 10% APR incurs a prorated rate of approximately 0.001141552511%, calculated as 10% per year divided by 365 days per year divided by 24 hours per day.
The APR is determined by the offers that lenders provide and includes a fee from Figure Markets to match the loan. The offered APR is the best available rate that allows all borrowers to take out loans while all lenders receive their minimum APR. Loans are allocated from lowest to highest cost loan offers to provide the best rates for borrowers. All lenders and borrowers receive the same rate for the loan period.