We have begun to reduce margin requirements on select instruments back to pre-British referendum levels and will continue to do so gradually based on market conditions.
For the most up-to-date margin requirements that apply to your account, please look at the minimum margin requirement (MMR) column of the Simple Dealing Rates window on your Trading Station. If you use Mirror Trader, MT4 or NinjaTrader, your account login details will give you access to all three versions of Trading Station (desktop, web and mobile) to check your MMR.
Your exact MMR will depend on your trading entity (FXCM US, UK or Australia), account denomination (USD, GBP, AUD, etc.) and whether you have a Mini or Standard account. The screenshot above is from my Standard US dollar-denominated FXCM US account. My MMR for GBP/USD is 96.00, which means I have to set aside $96 as used margin (Usd Mr) for each micro lot (1K) position I have open.
Carefully consider how margin changes may impact your open positions and resting orders.
[B]Please Note[/B]: In case market conditions become very volatile, we could raise margin requirements further. Please monitor your usable margin (Usbl Mr) closely, making sure it stays above zero. We recommend a usable margin that’s at least 80% of your account equity (usable margin plus used margin).
Remember that forex trading can result in losses that could exceed your deposited funds and therefore may not be suitable for everyone, so please ensure that you fully understand the risks involved.