Margin Requirements

What is margin? Margin can be thought of as a good faith deposit required to maintain open positions. This is not a fee or a transaction cost, it is simply a portion of your account equity set aside and allocated as a margin deposit. You can keep track of your Used and Usable margin in the Accounts Window of the Trading Station.

VideoAccounts Window (1:07)

Margin Requirements for FXCM LTD Standard Accounts Using a 1K Lot Size

Major Currency Pairs

0.5% Margin (200:1 leverage)
$2.50 Margin $5.00 Margin $6.00 Margin $7.50 Margin $9.00 Margin
NOK/JPY USD/JPY AUD/USD EUR/USD GBP/USD
SEK/JPY USD/CAD AUD/CAD EUR/JPY GBP/AUD
NZD/USD AUD/CHF EUR/AUD GBP/CAD
USD/CHF AUD/JPY EUR/CAD GBP/CHF
HKD/JPY AUD/NZD EUR/CHF GBP/JPY
NZD/CAD CAD/CHF EUR/DKK GBP/NZD
NZD/CHF CAD/JPY EUR/GBP GBP/SEK
NZD/JPY CHF/JPY EUR/NOK
USD/DKK CHF/NOK EUR/NZD
USD/NOK CHF/SEK EUR/SEK
USD/SEK
ZAR/JPY

Exotic Currency Pairs

 
Exotic (Variable) Margin
EUR/TRY ($30) USD/RUB ($20)
EUR/PLN ($30) USD/SGD ($20)
EUR/HUF ($30) USD/TRY ($20)
EUR/CZK ($30) USD/ZAR ($20)
TRY/JPY ($15)
SGD/JPY ($20)
USD/CZK ($20)
USD/HKD ($20)
USD/HUF ($20)
USD/ILS ($20)
USD/MXN ($20)
USD/PLN ($20)

How does FXCM calculate margin?

By default FXCM LTD offers approximately 200:11 leverage (or 0.5% margin) on its forex trading accounts. Margin requirements (per 1K lot) at FXCM are determined by taking a percentage of the notional trade size plus a small cushion. A cushion is added to help alleviate daily/weekly fluctuations.

Please note that margin requirements are subject to change without notice based on price fluctuations and will be adjusted up or down in increments of $1. We believe that margin requirements will not change more than once a month. Up-to-date margin requirements are displayed in the "Simplified Dealing Rates" window of the Trading Platform by currency pair. To learn more about margin and leverage, please visit our Frequently Asked Questions (FAQs).

Margin / Leverage FAQs

1 Leverage: Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange with any level of leverage may not be suitable for all investors.