Hello,
What’s the formula for calculating Margin if u r trading different base currency? I’m using USD on my account and i want to trade EURUSD and EURO/JPY
.
THANKS GUYS
Hello,
What’s the formula for calculating Margin if u r trading different base currency? I’m using USD on my account and i want to trade EURUSD and EURO/JPY
.
THANKS GUYS
Hey there!! For margin calculation you don’t have to convert the value to your ac base currency, you can simply use these formulas in any account with any base currency-
Used margin/ required margin- Lot size X contract size X Bid/ask price of pair ÷ Leverage
Margin level % - Equity ÷ Used margin X 100
Free margin = Equity - Used margin.
Thank you for helping me
You are welcome buddy, hope it will be handy for you.