How does Tier 2 leverage step-down work (Forex Minors, Other Commodities)? May 07, 2026 11:43 Updated Related articles How does Tier 3 leverage step-down work (Forex Cross, Cross Commodities, Equity Indices Major)? How does the Tier 1 leverage step-down work (e.g. XAUUSD / Forex Majors)? What are the leverage tiers and which products fall under each? Institutional Clients When are temporary leverage reductions typically applied?