What Are the Minimum and Maximum Sizes for a Leveraged US Stock Transaction on Pluang?
Every leveraged US Stock transaction on Pluang must be between 0.1 and 1,000 share units. The minimum of 0.1 units means you can open fractional leveraged positions, which matters on higher-priced US stocks where a whole share would otherwise be out of reach. The maximum of 1,000 units caps how much exposure any single order can create. Both limits apply per transaction rather than per stock or per account, so a larger overall holding can still be built up across several orders — though each of those orders draws margin from the same USD Margin wallet and contributes to one shared Margin Level. The same limits apply to both leverage types, 2x and 4x Day Trade, since they differ in how the position behaves rather than in how large it can be.
- Minimum: 0.1 share units per leveraged transaction.
- Maximum: 1,000 share units per leveraged transaction.
- Why the minimum is fractional: It makes leveraged positions possible on higher-priced US stocks where a whole share is out of reach.
- What the maximum does: It caps how much exposure any single order can create.
- Applied per transaction: Not per stock or per account — larger holdings can be built across several orders.
- Shared wallet effect: Each order draws margin from the same USD Margin wallet and feeds one shared Margin Level.
- Same for both types: 2x and 4x Day Trade share these limits; they differ in behaviour, not in permitted size.
Related questions:
Q: Why is the minimum a fraction of a share?
Because many US stocks trade at prices where a single whole share would represent a large commitment. Allowing 0.1 share units means you can size a leveraged position to your wallet rather than to the stock's price. It also lets you build a more granular position than whole-share increments would allow, which is useful when managing how much margin each position consumes.
Q: Can I hold more than 1,000 units of one stock?
The 1,000-unit cap applies to a single transaction, not to your total holding in that stock. You can place additional orders to build a larger position. Keep in mind that every additional position commits more margin from the same USD Margin wallet, lowering your Free Margin and Withdrawable Cash and feeding into the single Margin Level that governs all your leveraged positions.
Q: Do the limits differ between 2x and 4x Day Trade?
No. Both leverage types use the same 0.1 to 1,000 share unit range per transaction. What separates them is how the position behaves once open: 2x can be held overnight and accrues the Daily Leverage Fee, while 4x Day Trade must be closed before the exchange closes and is force-closed automatically if you do not close it yourself. The size you may trade is identical; only the holding rules differ between them.
Q: What decides the size I should actually use?
The practical constraint is usually your margin rather than the unit limits. The margin a position consumes depends on the share price and the ratio you choose, so a position well inside the 1,000-unit cap can still commit more margin than your wallet comfortably supports. Leaving headroom protects your Margin Level if the price moves against you. Sizing to the unit cap rather than to your margin is a common way to end up in a margin call.