How do I calculate my margin requirements?

Updated 6 days ago

Each position is subject to minimum size and margin requirements before a trade can be opened.

MT4/MT5

For products where the applicable effective leverage is used:

Margin = (Number of lots × Contract size × Price (buy or sell)) ÷ Effective Leverage

The effective leverage is determined according to the product and account leverage requirements.

For products that use account leverage, including Forex and applicable Metals/Bullion products:

Margin = (Number of lots × Contract size × Price) ÷ Account Leverage

Alternatively, where expressed using the Initial Margin Rate:

Effective Leverage = Account Leverage ÷ (Margin % × 100)

For Share CFDs:

Margin = Number of Shares × Share Price × Margin Percentage

For CFDs that use a fixed Initial Margin Rate:

Margin = Number of lots × Contract size × Current price × Initial Margin Rate

For Coffee and Soybean:

Margin = Number of lots × Contract size per 1 lot × Margin requirement × Market price

The applicable Margin Rate and product specifications can be found in the Product Schedule.

Forex	No. of lots * contract size per 1 lot * Initial Margin rate x 100/leverage level
Bullion CFDs	No. of lots Contract size current price * Initial Margin rate x 100/leverage level
Share CFDs	Number of Shares* Share Price* Margin Percentage
All other CFDs	No. of lots Contract size current price * Initial Margin rate
Coffee and Soybean	Number of lots* Contract size per 1 lot * Margin requirement * Market price

For the Axi Trading Platform, the margin calculation is:

Margin = (Number of units × Contract size × Price (buy or sell)) ÷ Leverage

The applicable initial margin requirements for each product can be found in the Product Schedule.