How to calculate Required Margin of FX trading on XM MT4?

The calculation formula for “Margin” of FX and CFD trading is as below.

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

Here is an example of using the above formula for calculating the Margin.


Volume in Lots = 5 (One Standard Lot = 100,000 Units)
Leverage = 100
Account Base Currency = USD
Currency Pair =  EUR/USD
Exchange Rate = 1.365 (EUR/USD)

⇩ ⇩ ⇩ ⇩ 

Required Margin = 500,000 /100 * 1.365
Required margin is $6825.00 USD


According to the formula, you can calculate the margin for any symbols on XM MT4 and MT5 though, you can also use XM’s online free tool “Forex Calculators” in the official website.

By using the calculator on the web, you can calculate the required margin for any symbols on any account types instantly as below.

Alternatively, you can also open a Demo trading account with the same account settings as your live account’s, then see how the margins and profit/loss go in real time.

To open a demo trading account of XM, please visit the official website of XM.

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