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How do I calculate margin?

For Forex:

When trading forex, you can automatically calculate the margin required using our forex calculator. To manually calculate the margin required for one of your trades in the base currency of the pair you're trading, you can use the formula (Lots x Contract Size / Account Leverage).

For Standard accounts, all forex instruments have a contract size of 100,000 units. For Micro accounts, all forex instruments have a contract size of 1,000 units.

Let's look at an example to help explain this better. Imagine you have a Standard trading account denominated in USD, and you're looking to trade 1 lot of EURUSD with a leverage of 30:1. The margin required for this trade will be calculated as (1 x 100,000 / 30) = 3,333 EUR, as the euro is the base currency of the pair. However, since your trading account is denominated in USD, the amount will be automatically converted at the current exchange rate.

For Gold & Silver:

When trading gold or silver, you can calculate the margin required using the formula (Lots x Contract Size x Opening Price / Account Leverage).

For CFDs:

When trading CFDs, you can calculate the margin required using the formula (Lots x Contract Size x Opening Price x Margin Percentage).

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Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.