Forex
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 Pairs0.5% Margin (200:1 leverage) |
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| $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).
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.