Difference between Leverage on the "Leverage" and "Trader's journal" pages

Please note that the leverage displayed in the Trader's Journal for completed trades may differ from the leverage set on the Leverage page. Despite having the same name, their calculation formulas are different. You can read more about working with leverage here.

Leverage in the Tiger.com Terminal or on the "Leverage" Page

In the terminal or on the Leverage page, the leverage size affects only the amount of initial margin required to open a position. It does not affect the position size. The order volume is not multiplied by the selected leverage.

For example, if we set leverage to 10x and want to open a long position worth 1,000 USDT, we place a limit order to buy 1,000 USDT. When placing this order, 1,000 / 10 = 100 USDT will be locked in our account. If we had set leverage to 20x, then 1,000 / 20 = 50 USDT would be locked. Once the order is executed, a position of 1,000 USDT will be opened, regardless of the chosen leverage.

Leverage in the Trader's Journal

The leverage value displayed in the Trader’s Journal represents the ratio of position size to total balance. It is calculated using the formula Position Size / Deposit Amount at the Time of Position Opening.

For example, with a deposit of 1,000 USDT, we open a position of 10,000 USDT. In this case, the ratio of the position volume and the total balance will be 10,000 / 1,000 = 10x. If we open a position of 5,000 USDT, the leverage in the Trader’s Journal will be 5,000 / 1,000 = 5x.