As a Forex trader, sometimes it’s very important to make some calculations. It’s very important for a trader to calculate the margin that he must maintain in his account as guarantee for opening position. The Forex Margin Calculator helps the trader in managing his trades and determining the position size and leverage level that he must not cross. It’s important in order to prevent the stop outs or margin calls from closing the position. It’s important for a trader to understand that the results of margin calculator are dependent upon the specifications of FXTM standard accounts hence, its use is appropriate for this type of account only.
With the help of Forex Margin Calculator, trader can calculate the margin requirements just by selecting the type of account currency, then choosing the currency pair that he wants to trade in, lastly setting up the position size, he can determine the required margin.