Dear MGBX Users,
To provide a better trading experience and meet users’ trading needs, MGBX plans to increase the maximum available leverage for XAUUSDT (Gold) and XAGUSDT (Silver) USDT-margined perpetual futures at 17:00 on October 20, 2026 (SGT).
Details of the leverage adjustment and important notes are as follows:
- Affected contracts: XAUUSDT Perpetual Futures and XAGUSDT Perpetual Futures
- Maximum leverage adjustment: Increased from 75X to 150X
- Adjustment time: October 20, 2026, at 17:00 (SGT)
- Unified forced liquidation and position closure: As all positions in the above contracts must be closed before the adjustment can take place, MGBX will forcibly close all remaining open positions in XAUUSDT and XAGUSDT perpetual futures at 17:00 on October 20, 2026 (SGT) to ensure the adjustment is completed smoothly.
To avoid unnecessary disruption to your trading, please make the following arrangements in advance:
- Close positions in advance: Please close your XAUUSDT and XAGUSDT perpetual futures positions before 17:00 on October 20, 2026 (SGT).
- Check open orders: Please review and cancel any relevant unfilled orders in advance and plan your trades accordingly.
- Manage positions promptly: If you do not close your positions before the deadline, the platform will forcibly close any remaining open positions in the affected contracts.
Please plan ahead and manage your trading risks appropriately to avoid any disruption to your trading plans caused by the platform’s unified forced position closure.
Thank you for your understanding and support of MGBX!
The MGBX Team
October 20, 2026
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