Size and cost
Margin
Cash required to hold a position at a chosen leverage. Example numbers are filled in so the arithmetic is visible. They are not live quotes.
- Required margin
- US$3,666.67
- Notional
- US$110,000.00
- Margin percent
- 3.33%
- Free margin
- US$6,333.33
- Margin level
- 272.7%
Formula. Notional in the quote currency = contract size × lots × price. Required margin = notional ÷ leverage, converted into the account currency the same way as a pip value.