Margin leverage is 100:1
The margin requirement on a $100,000 contract is 1%
$100,000 is equivalent to 10 lots
 | USD based pairs (USD/JPY) $100,000 has a $1,000 margin requirement. |
 | Non USD based pairs (EUR/USD) Current price x 1% The base currency price (EUR) is 1.2928, giving it a $1,292.80 margin requirement. |
 | Non USD related pairs (EUR/JPY) If the pair does not contain USD, you must refer back to USD. Example: EUR/JPY would refer to EUR/USD (because it starts with EUR). So a $100,000 lot would have a margin requirement of $1,292.80. |
If the equity in an account falls below the required margin, then all open trades will be closed at the prevailing market rate.
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