Leverage Monitor: Real Leverage, Margin Tiers, Swap, Commission, and Spread

Related: GM Matrix Monitor: Read-Only EA Risk Dashboard - another powerful expert for MetaTrader 5 traders.

Know what your broker is really giving you.

Also recommended: forex calculators - similar expert with strong performance on MetaTrader 5.

Account leverage of 1:500 says little about the leverage you get on each symbol. Brokers use different margin rates per instrument, and many reduce leverage as position size grows.
Leverage Monitor puts the real numbers for every symbol in your Market Watch into one compact panel on your chart.

It is a non-trading tool. It never places, modifies or closes orders.



What you see



Column

What it shows

Symbol

Every symbol in your Market Watch

Type

Margin calculation mode (FX, CFD, INDEX, STOCK, FUT)

Leverage

Effective leverage, coloured green or red when it changes

Tiers (by volume)

Floating margin tiers, e.g. 500 > 200 > 100 , with the volume where each tier starts

Swap (long / short)

Overnight swap from the symbol specification

Commission

Commission rules from the symbol specification

Spread (now / 1h avg)

Current spread and the average of the last hour, in points

History

Mini chart of leverage or spread over time, one point per minute by default



Key features



Tier-aware leverage. Detects floating margin rates and shows the leverage of each volume tier. Hover a row to read the tiers in full on the bottom line.

Specification-based values. Leverage, swap and commission are read from the symbol specification, not guessed from price.

Change tracking. Leverage history is stored per symbol and kept between sessions, so you can see when your broker changed margin requirements.

Spread monitor. Shows current spread against the one-hour average.

Chart switch. One button toggles the history column between leverage and spread.

Tooltips everywhere. Text is never allowed to overlap. Long text is cut with “...” and the full text appears in a tooltip. Swap, commission, spread and history cells give extra detail on hover.



Fully adjustable panel:



Zoom with the A- / A+ buttons

Drag column borders to change widths

Resize with the corner grip

Collapse to the title bar

Sort by symbol or by leverage

Scroll with the mouse wheel



Settings are remembered between sessions.



How leverage is determined



Margin mode

Method

Forex

Account leverage ÷ margin rate

Forex without leverage, CFD, Index, Stocks

1 ÷ margin rate

CFD with leverage

Account leverage ÷ margin rate

Futures

Notional value ÷ initial margin



Tiers

The terminal’s own margin calculation is sampled at growing volumes. The change in margin per lot shows each tier’s leverage.



Requirements



Platform

MetaTrader 5,
recent build
(commission data needs SymbolInfoCommissions )

Type

Expert Advisor. Attach it to its own chart.

Trading

None. The EA does not trade.

DLL / web requests

Not used

Note:
The EA must run as an Expert Advisor because margin calculation is not available to indicators.



Input parameters



Parameter

Default

Description

Panel X / Y offset

10 / 20

Position on the chart

Row height / font size

18 / 8

Base size at zoom 100%

Initial visible rows

0

0 = fit chart height

Column widths

various

Symbol, Type, Leverage, Tiers, Swap, Commission, Spread, History. All can also be dragged.

History chart shows spread

false

Starting mode of the history column

History sample interval

60 s

One chart point per interval

Spec re-check interval

5 s

How often values are refreshed

Tier re-scan interval

600 s

How often margin tiers are re-scanned

Symbols tier-scanned per second

3

Limits CPU load

Max history points

1440

Per symbol (24 h at 1 per minute)

Persist history

true

Keep history between sessions

Colours

dark theme

Background, title, header, border, text, bottom info line, accent, up, down



Good to know



Spread averages and the spread chart start collecting when the EA is attached. The average fills in over the first hour, and spread history is not saved between sessions.

Tier detection depends on what your broker’s server returns for margin calculations. Symbols with a single flat rate show “single tier”.

Values shown are those of the connected account and server.



Quick start



Open a new, empty chart.

Drag Leverage Monitor onto it.

Add the symbols you want to see to your Market Watch.

Hover a row for tiers, and drag the column borders to taste.



Risk notice: This tool displays information only and is not financial advice. Check margin requirements with your broker before trading.

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#property copyright "RobotFX"
#property version     "4.30"
#property description "This code is educational. Feel free to use, modify and upgrade as you wish. Visit ROBOTFX.ORG for professional trading tools"
#include <Canvas\Canvas.mqh>
input int      InpCornerX     = 10;
input int      InpCornerY     = 20;
input int      InpRowHeight   = 18;
input int      InpMaxRows     = 0;
input int      InpFontSize    = 8;
input int      InpSymbolColW  = 92;

.......

• This tool is provided for educational and testing purposes only.
• Past performance does not guarantee future results.
• Trading involves substantial risk of loss. Use on a demo account first.
• Results may vary depending on market conditions, broker, and settings.
• We recommend thorough backtesting and forward testing before using with real funds.