Account Base Currency

Converted Currency

How it works:

Enter your account base currency, select your account type, the currency pair and the leverage, and finally enter the size of your position in lots.

The calculation is performed as follows:

 

Required Margin in USD = [Trade Size / Leverage * Opening Price]/Exchange Rate

Exchange rate is the conversion rate of Quote Currency to account based currency chosen

 

Example:

Volume in Lots: 5 (One Standard Lot = 100,000)
Leverage: 100
Account Base Currency: USD
Currency Pair: CAD/CHF 
Opening Price: 0.75695 (CAD/CHF)
Exchange Rate: 1.01883 (USD/CHF)

Required Margin in CHF = (500,000/100) * 0.75695 = 3,784.75

Required Margin in USD = [500,000/100 * 0.75695]/1.01883 = 3,714.80

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