Accounts with leverage below 5x are eligible for full compensation during a market crash, according to Backpack’s policy. This measure aims to support clients who may face losses during turbulent market conditions. Accounts that utilize lower leverage can receive full reimbursement, mitigating potential financial impacts. The announcement emphasizes safety for those maintaining conservative leverage ratios. Clients are encouraged to review their accounts and ensure their leverage levels remain within this threshold to qualify for protection during market fluctuations.
