What is the maximum position value you can trade (after applying leverage) if you have deposited AU$3,000 and the leverage ratio is 1:5?

To calculate the maximum position value you can trade after applying leverage, you need to multiply the amount deposited by the leverage ratio.

Here are the steps:

1. Identify the amount deposited, which is AU$3,000.
2. Identify the leverage ratio, which is 1:5. This means for every dollar you have, you can trade 5 dollars.
3. Multiply the amount deposited by the leverage ratio.

So, AU$3,000 * 5 = AU$15,000.

Therefore, the maximum position value you can trade after applying a leverage ratio of 1:5 to a deposit of AU$3,000 is AU$15,000.