Try an example
Enter values above, then calculate. Use the output to inspect the assumptions—not to predict a return.
Use this educational calculator to connect trade units, price and leverage with notional exposure and required margin. Provider tiers, currency conversion and product rules can produce different real requirements.
Enter values above, then calculate. Use the output to inspect the assumptions—not to predict a return.
Start with the default example. Change one input at a time and notice which part of the result moves. Then read the explanation below before using any real-world number.
Estimated margin equals notional exposure divided by leverage. The conversion input puts notional into your account currency; maintenance requirements and liquidation are outside this calculation.
| Input | Meaning | Starting value |
|---|---|---|
| Trade units | Base-currency units | 10000 |
| Pair price | Quote per base unit | 1.08 |
| Leverage | For example 30 for 30:1 | 30 |
| Account conversion | Quote to account currency | 1 |
The tool multiplies units by price and an account-currency conversion factor to estimate notional exposure. It then divides by leverage. If the account currency already matches the quote currency, the conversion input can remain one.
This is an initial illustration, not a provider quote. Tiered margin, hedging, weekend rules and instrument-specific rates may apply.
Market movement applies to notional exposure. A one-percent adverse move can therefore be meaningful even when required collateral appears small.
Check free margin across the whole account, include correlated positions and read close-out rules before using leverage.
An illustrative $10,000 of exposure at 20:1 leverage suggests $500 of initial margin before currency conversion or broker rules. The full exposure still moves with the market.
A broker can use a different contract size, conversion rate and maintenance threshold. Verify current product documentation and never treat this educational estimate as a liquidation price.
These links provide definitions and current context. Product rules, regulation and network details can change, so verify time-sensitive information at the source.
No. It estimates a simple initial requirement. Provider thresholds must be checked separately.
Use the rate that converts quote-currency notional into the account currency; use one when they match.
Yes. It creates larger exposure relative to posted collateral.
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