Forex margin calculator
See how much margin a forex trade needs: pick a pair, a trade size and your leverage to get the position's value and the margin to open it, in your own account currency. Free, no sign-up, nothing leaves your browser.
One standard lot is 100,000 units of EUR. Your account is in neither currency of the pair, so enter today's USD to GBP rate. This is a calculator, not advice: trading on margin can lose more than you put in.
What margin is
Margin is the part of your own money a broker sets aside to open a leveraged trade. With leverage of 30 to 1, you put up a thirtieth of the position's value, and the broker lends the rest. The margin isn't a fee; it is held while the trade is open.
Why leverage cuts both ways
Leverage makes the position bigger than the money behind it, so gains and losses are counted on the full position. A small move against you can use up your margin and trigger a margin call or a forced close. In the UK and EU, retail traders are limited to 30 to 1 on major pairs.
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