What is my margin requirement for 2.6 lots of XAGUSD, base currency AUD 1:100 leverage? : Fusion Markets

What is my margin requirement for 2.6 lots of XAGUSD, base currency AUD 1:100 leverage? Print

Modified on: Tue, 16 Aug, 2022 at 10:27 PM

I understand you wanted to know the margin for your XAGUSD in AUD account. Since you have 1:100 leverage 2.6 lot, you will get 3,099.85 AUD. Please see detailed computation below:

Formula:

Required Margin = Trade Size / Leverage * Account Currency Exchange Rate

Calculation:

Volume in Lots: 2.6 (One Standard Lot = 100,000 Units)

Leverage: 100

Account Base Currency: AUD

Currency Pair: XAG/USD

Exchange Rate: 16.45900 (XAG /USD)

Required Margin = 260,000 /100 * 16.45900

Required margin is 2,139.67 USD

Convert to your account base currency and that’s equalled to 3,099.85 AUD

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What is my margin requirement for 2.6 lots of XAGUSD, base currency AUD 1:100 leverage? Print

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