What is the formula used to calculate margin?

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A

  • On FX pairs without Fixed margin requirement. (lots*contract size/leverage* percentage/100)
  • On FX pairs with a fixed margin requirement (lots*contract size*market price*percentage/100)
  • For Metals (Gold and Silver) which have a fixed margin requirement [lots*contract size*market price* percentage/100]
  • For Cash Indices [lots*contract size*market price/tick size*price*percentage/100]
  • For Commodities like USOil [lots*contract size*market price*percentage/100]
  • For Cryptocurrencies [lots*contract size*market price*percentage/100]