Leverage

Margin Calculator

Calculate the required margin, margin level, and associated risks for your positions on Forex, Crypto, Stocks, and more.

Parameters

1 lot = 100,000 units of the base currency

Results

Position Value

$110,000.00

Required Margin

$3,666.67

36.7% of account|Leverage: 1:30
Margin Level

273%

Free Margin

$6,333.33

Maximum Capacity

With this leverage, you can open up to 2 positions of this size

Leverage Comparison

1:1
$110,000.00
1100.0% used
1:10
$11,000.00
110.0% used
1:30
$3,666.67
36.7% used
1:50
$2,200.00
22.0% used
1:100
$1,100.00
11.0% used
1:200
$550.00
5.5% used

Margin Level Guide

>500%

Very Safe

Excellent level. You have plenty of margin room for market fluctuations.

200-500%

Comfortable

Adequate level for most strategies. Keep an eye on significant movements.

100-200%

Caution

Close to the danger zone. Avoid adding positions or reduce exposure.

<100%

Margin Call

Critical zone. Risk of automatic liquidation. Close positions or add funds.

Complete Guide to Margin and Leverage

Understanding Margin in Trading

Margin is the capital you must deposit to open and maintain a leveraged position. It is essentially a good faith deposit that the broker holds to cover potential losses. The higher the leverage, the less margin you need to control a position of the same value.

For example, to control a 100,000 EUR position on EUR/USD: with 1:100 leverage, you only need 1,000 EUR in margin. With 1:30 leverage, you will need about 3,333 EUR. The rest is "lent" by the broker for the duration of the position.

It is crucial to understand that margin is NOT a cost - it is locked capital. Your gains and losses are calculated on the total value of the position, not on the margin. This is what makes leverage both powerful and dangerous.

Leverage: A Double-Edged Sword

Leverage multiplies your market exposure. If you have 1,000 EUR and use 1:100 leverage, you can control 100,000 EUR. A 1% move then represents 1,000 EUR - or 100% of your initial capital.

Concrete Example - EUR/USD

Capital: 1,000 EUR | Leverage: 1:100 | Position: 1 lot (100,000 EUR)

Move +50 pips

+500€ (+50%)

Move -50 pips

-500€ (-50%)

Move -100 pips

-1,000€ (LIQUIDATED)

Capital: 1,000 EUR | Leverage: 1:10 | Position: 0.1 lot (10,000 EUR)

Move +50 pips

+50€ (+5%)

Move -50 pips

-50€ (-5%)

Move -100 pips

-100€ (-10%)

Same capital, two different leverages, two radically different trajectories.

Key Terms to Master

Initial Margin

Capital required to open a position. This is the minimum amount the broker requires before letting you enter the market.

Maintenance Margin

Minimum level to maintain an open position. If your equity drops below this threshold, you receive a margin call.

Equity

Your account balance +/- the unrealized profits/losses of your open positions. This is your current net value.

Margin Level

(Equity / Used Margin) x 100. The higher this percentage, the further you are from a margin call.

Margin Call: Understanding and Avoiding It

A margin call occurs when your margin level drops below the critical threshold set by your broker (typically 100% or 50%). It is the signal that your unrealized losses have eroded your ability to maintain open positions.

When you receive a margin call, several things can happen depending on your broker: you receive a warning to add funds, some positions are automatically closed (stop-out), or in the worst case, all your positions are liquidated.

How to Avoid a Margin Call

  • 1. Never use more than 50% of your available margin
  • 2. ALWAYS place stop-losses before opening a position
  • 3. Calculate your maximum potential loss before each trade
  • 4. Monitor your margin level in real time
  • 5. Reduce leverage during high volatility periods
  • 6. Keep an uninvested cash reserve

Leverage Regulations by Jurisdiction

Regulators worldwide have imposed leverage limits to protect retail investors. Here are the main restrictions:

🇪🇺 Europe (ESMA)
  • • Major Forex: 1:30
  • • Minor Forex: 1:20
  • • Gold and major indices: 1:20
  • • Crypto: 1:2
🇺🇸 United States (NFA)
  • • Forex: 1:50
  • • Stocks: 1:2 (Reg T margin)
  • • Futures: variable
  • • Crypto: unregulated
🇬🇧 UK (FCA)
  • • Largely follows ESMA rules
  • • Major Forex: 1:30
  • • Crypto: 1:2
🌍 Offshore
  • • Leverage up to 1:500+
  • • Less client protection
  • • Increased risks

Margin Management Strategies

Professional traders have strict rules for managing their margin and avoiding critical situations:

  1. The 10-20% rule - Never use more than 10-20% of your total available margin for a single position. This allows you to absorb adverse movements without stress.
  2. The safety cushion - Always keep 30-50% of your capital uncommitted as free margin. This is your safety net.
  3. Prudent scaling - Increase your positions gradually, never all at once. Each addition must respect your margin rules.
  4. Active monitoring - Check your margin level at least once per trading session, more often during volatile periods.

Conclusion: Leverage, a Professional's Tool

Leverage is a powerful tool that can accelerate the growth of your capital... or its destruction. The difference between the two scenarios lies entirely in risk management and understanding margin mechanics.

Use this calculator before every significant trade. Verify that your margin level will remain comfortable even in case of an adverse movement. And remember: traders who survive in the long run are those who respect their margin as the precious resource it is.

The best leverage is the one that lets you sleep peacefully, not the one that maximizes your theoretical gains.

Frequently Asked Questions

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