1. Using Trading Calculator.
2. According to the formula.
The margin is calculated according to the following formula:
= /
where:
Contract size - the order volume in the base currency of the trading instrument (the first currency in the ticker). The order volume of 1 lot for all currency pairs is always equal to 100,000 units of the instrument base currency.
Leverage - the leverage value.
Example:
You buy 1 lot of EURUSD.
Account currency: EUR.
Leverage: 1:100.
= 100,000 / 100 = 1,000 EUR
If your account currency differs from the base currency of the instrument, you have to convert the margin amount into the account currency at the rate when your position is opened.
Example:
You buy 1 lot of EURUSD.
Account currency: USD.
Margin in the base currency of the asset: 1,000 EUR.
Current EURUSD rate: 1.2345.
= 1,000 * 1.2345 = 1,234.50 USD