How is the level of risk calculated?

a) The risk level is determined using an internal risk metric, which takes into account various factors including portfolio diversification and trade opening/closing times. This internal formula bases the risk calculations on more than 8 different metrics which aren't publicly available. Similarly to industry standards, the risk score determines the volatility of the portfolio, with 1 being the lowest volatility (lower than 0.5%) and 10 the highest volatility (more than 23%).

b) For the calculation of the risk score, amongst other factors, we take into account the contract size of the asset, current Equity of the leader, the leverage of the leader, Mean and Standard deviation of the assets traded, whether the trades are hedged or not and in which percentage, the volume of the trade versus the portfolio composition etc.