Leverage confusion

Hi,

My broker's webpage informed that I got the default margin 2%, which should be leverage 50:1 for an asset.

Yet, the Assetfix downloaded from Zorro Download script showed the leverage 400:1.

Which is correct while trading?

50:1 is correct. The asset list by the download script updates only the downloaded parameters. The others are unchanged. So if you had 400:1 in Assetsfix, it stays 400:1 when the broker API does not provide leverage.

much appreciated, jcl.