FXTM ForexTime Leverage and Margin by Notional Value

LEVERAGE AND MARGIN FOR FX, INDICES, AND METALS

ADVANTAGE, ADVANTAGE PLUS AND STANDARD TRADING ACCOUNTS (MT4 & MT5)

FX MAJORS

Notional Value (USD)Notional Value (EUR)Notional Value (GBP)Notional Value (NGN)Leverage OfferedFloating Margin, %
0 – 50,0000 – 45,0000 – 40,0000 – 18,000,0002,0000.05
50,001 – 200,00045,001 – 180,00040,001 – 150,00018,000,001 – 63,000,0001,0000.1
200,001 – 2,000,000180,001 – 1,800,000150,001 – 1,500,00063,000,001 – 630,000,0005000.2
2,000,001 – 6,000,0001,800,001 – 5,300,0001,500,001 – 4,600,000630,000,001 – 1,890,000,0002000.5
6,000,001 – 8,000,0005,300,001 – 7,000,0004,600,001 – 6,100,0001,890,000,001 – 2,520,000,0001001
More than 8,000,001More than 7,000,001More than 6,100,001More than 2,520,000,001254

FX MINORS

Notional Value (USD)Notional Value (EUR)Notional Value (GBP)Notional Value (NGN)Leverage OfferedFloating Margin, %
0 – 50,0000 – 45,0000 – 40,0000 – 18,000,0005000.2
50,001 – 200,00045,001 – 180,00040,001 – 150,00018,000,001 – 63,000,0002000.5
200,001 – 2,000,000180,001 – 1,800,000150,001 – 1,500,00063,000,001 – 630,000,0001001
2,000,001 – 6,000,0001,800,001 – 5,300,0001,500,001 – 4,600,000630,000,001 – 1,890,000,000254

FX EXOTICS

Notional Value (USD)Notional Value (EUR)Notional Value (GBP)Notional Value (NGN)Leverage OfferedFloating Margin, %
0 – 300,0000 – 270,0000 – 230,0000 – 94,500,0002000.5
300,001 – 3,000,000270,001 – 2,700,000230,001 – 2,300,00094,500,001 – 945,000,0001001
More than 3,000,001More than 2,700,001More than 2,300,001More than 945,000,001254

FX INDICES

Notional Value (USD)Notional Value (EUR)Notional Value (GBP)Notional Value (NGN)Leverage OfferedFloating Margin, %
0 – 500,0000 – 440,0000 – 380,0000 – 157,500,0001:5000.2
500,001 – 200,000440,001 – 900,000380,001 – 760,000157,500,001 – 315,000,0001:2000.5
1,000,001 – 5,000,000900,001 – 4,400,000760,001 – 3,800,000315,000,001 – 1,575,000,0001:1001
More than 5,000,001More than 4,400,001More than 3,800,001More than 1,575,000,0011:254

SPOT METALS

Notional Value (USD)Notional Value (EUR)Notional Value (GBP)Notional Value (NGN)Leverage OfferedFloating Margin, %
0 – 400,0000 – 350,0000 – 300,0000 – 126,000,0001:5000.2
400,001 – 700,000350,001 – 600,000300,001 – 500,000126,000,001 – 220,500,0001:2000.5
700,001 – 1,000,000600,001 – 900,000500,001 – 750,000220,500,001 – 315,000,0001:1001
1,000,001 – 4,000,000900,001 – 3,500,000750,001 – 3,000,000315,000,001 – 1,260,000,0001:502
More than 4,000,001More than 3,500,001More than 3,000,001More than 1,260,000,0011:254

Please Note:

*NOK and SEK pairs are provided with a maximum leverage of 1:50 for volumes with a notional value of up to 5,000,000 / 4,000,000 / 3,300,000 / 1,575,000,000 USD/ EUR/ GBP/ NGN. For volumes

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above 5,000,000 / 4,000,000 / 3,300,000 / 1,575,000,000 USD / EUR/ GBP/ NGN, the leverage for NOK and SEK pairs is fixed at 1:25.

*HKD pairs are provided with a maximum leverage of 1:25 for volumes with a notional value of up to 500,000 / 400,000 / 330,000 / 157,500,000 USD/EUR/GBP / NGN. For volumes above 500,000 /

400,000 / 330,000 / 157,500,000 USD/EUR/GBP NGN, the leverage for HKD pairs is fixed at 1:10.

*TRY, CZK and ZAR pairs on all account types have a fixed leverage of 1:3, 1:5 and 1:25 respectively.

*Micro Accounts have a fixed leverage 1:1000 for FX Majors, 1:500 for FX Minors, 1:50 for FX Exotics and 1:500 for Spot Metals.

Please note that the leverage offered for EURCNH and USDCNH currency pairs is outlined in the table below:

Notional Value (USD)Notional Value (EUR)Notional Value (GBP)Notional Value (NGN)Leverage OfferedFloating Margin, %
0 – 2,000,0000 – 1,600,0000 – 1,300,0000 – 630,000,0001:502
2,000,001 – 4,000,0001,600,001 – 3,200,0001,300,001 – 2,700,000630,000,001 – 1,260,000,0001:254
More than 4,000,001More than 3,200,001More than 2,700,001More than 1,260,000,0011:1010
Notional Value (USD)Notional Value (EUR)Notional Value (GBP)Notional Value (NGN)Leverage OfferedFloating Margin, %
0 – 500,0000 – 400,0000 – 360,0000 – 190,000,0001:1000.01
500,001 – 1,000,000400,001 – 800,000360,001 – 720,000190,000,001 – 381,000,0001:500.02
1,000,001 – 2,000,000800,001 – 1,600,000720,001 – 1,450,000381,000,001 – 762,000,0001:250.04
2,000,001 – 7,000,0001,600,001 – 5,800,0001,450,001 – 5,100,000762,000,001 – 1,668,000,0001:500.1
More than 7,000,001More than 5,800,001More than 5,100,001More than 1,668,000,0011:11

Trading leveraged products has the potential to increase losses as well as profits. Click here to read more and please trade carefully.

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CALCULATING FOREX MARGIN REQUIREMENTS WITH FLEXIBLE LEVERAGE FOR STANDARD/ADVANTAGE/ADVANTAGE PLUS ACCOUNTS

STEP 1

Assume you open Position #1 Buy 1 lots GBPUSD 1.4584 for a USD Denominated Account.

The notional value is: 1 * 100 000 * 1.4584 = 145 840 USD. Since the notional value of 145 840 USD is not above 200 000 USD, the Leverage offered is 1:1000.

Margin is: 145 840 / 1000 = 145.84 USD.

STEP 2

You open position # 2 Buy 5 lots EURUSD 1.3175.

The notional value is: 5 * 100 000 * 1.3175 = 658 750 USD. The aggregate notional value of Position #1 and Position #2 is:

145 840 (for position # 1) + 658 750 (for position # 2) = 804 590.00 USD.

In this case, the aggregate notional value of open positions is above 200 000 USD, but under 2,000,000 USD.

Thus, a leverage of 1:1000 is provided for the first 200 000 USD, and a leverage of 1:500 for the remaining 604 590 USD.

Margin is: 200 000 / 1000 + 604 590 / 500 = 1 409.18 USD.

STEP 3

Assume you open Position #3 Buy 10 lots GBPUSD 1.4590. The notional value is: 10 * 100 000 * 1.4590 = 1 459 000 USD. The aggregate notional value of all three positions is:

145 840 (for position # 1) + 658 750 (for position # 2) + 1 459 000 (for position # 3) = 2 263 590 USD.

Now the aggregate notional value of open positions is above 2 000 000 USD, but under 6 000 000 USD.

Thus, a leverage of 1:1000 is provided for the first 200 000 USD, a leverage of 1:500 for the next 1 800 000 USD, a leverage 1:200 for the remaining amount.

Margin is: 200 000 / 1000 + 1 800 000 / 500 + 263 590 / 200 = 5 117.95 USD.

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STEP 4

Assume you open Position #4 Buy 30 lots EURUSD 1.3164.

The notional value is: 30 * 100 000 * 1.3164 = 3 949 200.00 USD. The aggregate notional value of all four positions is:

145 840 (for position # 1) + 658 750 (for position # 2) + 1 459 000 (for position # 3) + 3 949 200 (for

position # 4) = 6 212 790.00 USD.

Now the aggregate notional value of open positions is above 6 000 000 USD, but less than 8 000 000 USD.

Thus, a leverage of 1:1000 is provided for the first 200 000 USD, a leverage of 1:500 for the next 1 800 000 USD, leverage 1:200 for the next 4 000 000 and leverage 1:100 for the remaining amount.

Margin is: 200 000 / 1000 + 1 800 000 / 500 + 4 000 000 / 200 + 212 790 / 100 = 25 927.90 USD

STEP 5

Assume you open Position #5 Buy 20 lots EURUSD 1.3188

The notional value is: 20 * 100 000 * 1.3188 = 2 637 600.00 USD. The aggregate notional value of all five positions is:

145 840 (for position # 1) + 658 750 (for position # 2) + 1 459 000 (for position # 3) + 3 949 200 (for

position # 4) + 2 637 600 (for position # 5) = 8 850 390.00 USD.

Thus, a leverage of 1:1000 is provided for the first 200 000 USD, a leverage of 1:500 for the next 1 800 000 USD, a leverage 1:200 for the next 4 000 000, a leverage 1:100 for the next 2 000 000 and a leverage of 1:25 for the remaining amount.

Margin is: 200 000 / 1000 + 1 800 000 / 500 + 4 000 000 / 200 + 2 000 000 / 100 + 850 390 / 25 = 77

815.60 USD

STEP 6

Let’s suppose you close position #3 (Buy 10 lots GBPUSD 1.4590) The notional value is: 1 459 000 USD.

The aggregate notional value of all four positions is (taking into account the third position having been closed):

145 840 (for position # 1) + 658 750 (for position # 2) + 3 949 200 (for position # 4) + 2 637 600 (for

position # 5) = 7 391 390.00 USD.

When Position #3 was closed, the total notional value also decreases which leads to a decrease in the margin requirements. The part exceeding 8 000 000 USD is removed first and with it the 1:25 leverage.

Margin is: 200 000 / 1000 + 1 800 000 / 500 + 4 000 000 / 200 + 1 391 390 / 100 = 37 713.90 USD

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