Basics of Trading

‘Margin’ (or used margin) represents the amount of funds required to secure positions. When you place a trade, the ‘margin’ is locked in until the trade is closed.

The exact required margin amount depends on the instrument, the size of the position and the leverage.

To calculate it you can use the formula:
Trade size in units / Leverage = Margin in base currency
Trade size in units / Leverage X Exchange rate = Margin in quote currency

Note that the ‘Margin’ figure displayed in your account details represents the total used margin for all open trades.

FxPro offers a useful margin calculator tool: https://www.fxpro.com/trading-tools/calculators/margin