How Do I Use Leverage When Trading US Stocks on Pluang?

Once your access is in place, using leverage is part of placing an ordinary buy order. Start by making sure your USD Margin wallet is funded, moving money in from your USD or IDR balance, since a leveraged order draws its margin from that wallet rather than your ordinary USD Balance. Next, find a leverage-eligible stock — the Explore page's US Stocks tab has a Leverage filter that narrows the list to names that support it. Open the stock's order screen and choose your leverage ratio: 2x, which can be held overnight, or 4x Day Trade, which must be closed the same session. Your buying power is then calculated from the margin you commit multiplied by that ratio, and the position opens once the order executes.

• Step 1 — fund USD Margin: Move money in from your USD or IDR balance; a leveraged order cannot draw on your ordinary USD Balance.
• Step 2 — find an eligible stock: Explore page → US Stocks tab → Leverage filter narrows the list to supported names.
• Step 3 — choose your ratio: 2x, which can be held overnight, or 4x Day Trade, which must close the same session.
• Buying power basis: Calculated as the margin you commit multiplied by the leverage ratio you selected.
• Transaction size: Each leveraged transaction must be between 0.1 and 1,000 share units.
• Result: The position opens when the order executes, and its ratio is then fixed for the life of the position.

Related questions:

Q: Where does my buying power come from?
From the margin you commit out of your USD Margin wallet, multiplied by the ratio you chose. At 2x, committing $100 of margin gives roughly $200 of exposure; at 4x Day Trade it gives roughly $400. The difference between your margin and the position value is funded as a leverage loan against the wallet, which is why the wallet's health governs the position.

Q: How do I find stocks I can trade with leverage?
Open the Explore page, switch to the US Stocks tab, and apply the Leverage filter. That narrows the list to the 650+ names Pluang supports for leveraged trading. Checking the filter is more reliable than opening a stock's order screen and hoping the option appears, since the eligible list is a subset of the wider US Stocks catalogue and can change.

Q: Do I choose the ratio before or after placing the order?
You choose it as part of placing the order, on the stock's order screen. This matters because the ratio is fixed the moment the position opens and cannot be edited afterwards — a 2x position cannot later become 4x Day Trade, or the reverse. Changing it means closing the position and opening a new one at current market prices. Deciding deliberately at order time therefore saves you an unnecessary round trip.

Q: What happens right after the order executes?
The position opens, and the margin it requires is committed from your USD Margin wallet, reducing your Free Margin and Withdrawable Cash accordingly. From that point the position's unrealised profit and loss feeds into your Equity and therefore your Margin Level. If you chose 2x and hold past the close, the Daily Leverage Fee begins accruing. If you chose 4x Day Trade, the position will be force-closed before the market shuts.