Margin Required = Volume in Lots x Contract Size / Leverage
Contract size for all FX: 100,000. Margin is calculated in base/front currency.
Example (EUR Account): 1 lot AUDJPY with leverage 1:100.
- 1 Lot x AUD100,000 / 100 (leverage 1:100 or multiply by 0.01) = 1,000 AUD required margin
- We need to convert AUD$1000 to EUR by dividing by the EURAUD rate, which is 1.59106 for example:1,000 ÷ 1.59106 = 628.51 Required Margin in EUR.