Guides › Risk & Safety
24x Leverage: Yes, It Amplifies Losses Exactly As Much As Gains
Leverage is the part of this offer most likely to hurt you, so it gets the plainest treatment on this site. There is no trick and no hidden protection: a multiplier that turns a 1% gain into 24% turns a 1% loss into 24% too. Anyone who presents amplification as a feature without saying that sentence is misleading you.
What an amplified account actually is
TAG Markets publicly markets "Amplify" accounts — the pitch on their own site is that TAG can 12x your deposit and connect it to real liquidity, with the client keeping 100% of profits. The XFusion community agreement references a 24x multiplier instead. Both are the same mechanism: you deposit an amount, and you trade a position size based on a multiple of it.
Two consequences follow immediately. Your percentage returns are calculated on a much larger base than you deposited — that is the appeal. And the drawdown on that larger base is charged against your much smaller deposit — that is the risk. Terms differ by programme and change over time; confirm the current multiplier, margin rules and liquidation terms with TAG directly before depositing, in writing.
The arithmetic, both directions
Take a $500 deposit at 24x — a $12,000 traded base.
| Move on the traded base | Effect on your $500 |
|---|---|
| +1% | +$120 — a 24% gain on your deposit |
| −1% | −$120 — a 24% loss on your deposit |
| −2% | −$240 — nearly half your deposit gone |
| −4% | −$480 — your deposit is effectively wiped |
Read the second column again. A 4% adverse move — a completely ordinary size of move in leveraged markets — takes the deposit to zero. That is not a scare tactic or a worst case; that is the arithmetic, and it applies to every leveraged account at every broker on earth.
Checked what you needed? Start with the $10 minimum, watch it trade, and test a withdrawal before you scale up.
Start NowWhat the historical drawdown becomes when multiplied
The SONIC record shows a 0.86% maximum drawdown on the tracked account. Multiplied by 24, an equivalent stretch costs roughly 20% of an amplified deposit. That is the honest way to read that number: not "less than 1%, basically nothing", but "about a fifth of your money in the worst historical stretch — and the worst historical stretch is not a ceiling on future ones."
Which is also the real argument for the low-drawdown system: at 24x, a strategy with a 10% drawdown would have been an account-ending event. The risk management is what makes amplification survivable at all. It does not make it safe.
Can you lose more than you deposit?
This is the question to put to the broker in writing before you fund anything, because the answer depends on the specific programme terms: whether negative balance protection applies, at what equity level positions are liquidated, and whether an amplified balance can go negative against you. Get the answer in writing from TAG support, keep it, and do not accept a community member’s summary of it — including this page’s.
Checked what you needed? Start with the $10 minimum, watch it trade, and test a withdrawal before you scale up.
Start NowWho should not use leverage at all
Plainly: anyone depositing money they need for rent, food, debt payments or an emergency fund; anyone who would be unable to sleep through a 20% drawdown; anyone borrowing to deposit; and anyone who has not first watched a small unleveraged or minimum-size position behave for a few weeks. TAG’s own homepage states that 85% of retail investor accounts lose money trading CFDs with them. That statistic includes people who were certain they would be in the other 15%.
The reasonable approach is not "never" — it is: only risk capital whose total loss changes nothing about your life, start at the minimum, and increase only after you have personally watched a drawdown and found you could live with it.
Frequently asked questions
Does 24x leverage amplify losses as much as gains?
Yes, exactly as much. A 1% adverse move on the amplified base costs 24% of your deposit. There is no asymmetry and no hidden protection.
Why does XFusion get 24x when TAG advertises 12x?
TAG’s public Amplify programme is marketed at 12x; the community agreement references 24x. Higher multiplier means higher risk, not a better deal — verify current terms with TAG in writing before depositing.
What does a 0.86% drawdown mean on a 24x account?
Roughly a 20% drawdown of your own deposit. Maximum drawdown is a historical observation, not a cap on future losses.
Want to check something this page did not cover?
Send the question. If the answer is unflattering, you get the unflattering answer.
Ask me anythingIndependent information only — this site is not operated by, endorsed by, or affiliated with TAG Markets / T.M. Financials Ltd. Nothing here is financial advice. Opening an account through links on this site may earn the author a referral commission. Trading CFDs with leverage carries a high risk of loss; TAG Markets states that 85% of retail investor accounts lose money trading CFDs with them. Only risk money you can afford to lose entirely, and verify all figures at the primary sources linked in each article.