By using this tool, a trader can calculate the exact margin that is required in order to guarantee a position that he/she wants to open. A trader can determine if he/she should reduce the lot size they are trading or the leverage in order to avoid over-extending the trading account balance.
The following guidelines will teach you how to use Forex Broker Inc’s Margin Calculator:
1. Enter your trade size
2. Enter your leverage
3. Enter the currency pair you are trading
4. Enter the account currency
5. Press ‘Calculate’ to get results and see your required margin.
Simply enter your trade size, leverage, currency pair being traded, account currency and click calculate to determine your required margin.