Margin Requirements

What is margin? Margin can be thought of as a good faith deposit required to maintain open positions. This is not a fee or a transaction cost, it is simply a portion of your account equity set aside and allocated as a margin deposit. You can keep track of your Used and Usable margin in the Accounts Window of the Trading Station.

VideoAccounts Window (1:07)

How does FXCM calculate margin?

By default FXCM LTD offers approximately 100:11 leverage (or 1% margin) on major currency pairs. Margin requirements (per 1K lot) at FXCM are determined by taking a percentage of the notional trade size plus a small cushion. A cushion is added to help alleviate daily/weekly fluctuations.

Please note that margin requirements are subject to change without notice based on price fluctuations and will be adjusted up or down in increments of $1. We believe that margin requirements will not change more than once a month. Up-to-date margin requirements are displayed in the "Simplified Dealing Rates" window of the Trading Platform by currency pair. To learn more about margin and leverage, please visit our Frequently Asked Questions (FAQs).

Margin / Leverage FAQs

MMR per 1K lot CURRENCY PAIRS
£5.00 ZAR/JPY
£7.00 NZD/USD NZD/JPY NZD/CAD
£8.00 USD/JPY AUD/USD USD/CAD AUD/CAD AUD/JPY CAD/JPY AUD/NZD
£10.00 EUR/USD GBP/USD EUR/GBP EUR/JPY GBP/JPY EUR/AUD EUR/CAD GBP/CAD GBP/NZD GBP/AUD EUR/NZD
£11.00 USD/SEK USD/NOK
£13.00 EUR/SEK EUR/NOK
£20.00 TRY/JPY
£30.00 USD/MXN AUD/CHF USD/ZAR USD/TRY NZD/CHF USD/HUF
£35.00 CAD/CHF
£37.50 USD/HKD USD/CNH
£40.00 USD/CHF EUR/TRY EUR/HUF
£45.00 CHF/JPY
£50.00 GBP/CHF
£65.00 EUR/CHF
MMR per 1K lot CURRENCY PAIRS
€4.00 ZAR/JPY
€8.00 NZD/USD NZD/JPY NZD/CAD
€9.00 USD/JPY AUD/USD USD/CAD AUD/CAD AUD/JPY AUD/NZD
€10.00 EUR/USD USD/JPY USD/CAD EUR/GBP EUR/JPY EUR/AUD EUR/CAD EUR/NZD
€14.00 GBP/USD GBP/JPY GBP/CAD GBP/NZD GBP/AUD
€15.00 USD/SEK EUR/SEK EUR/NOK USD/NOK
€18.00 TRY/JPY
€40.00 USD/MXN AUD/CHF USD/ZAR USD/TRY EUR/TRY NZD/CHF CAD/CHF EUR/HUF USD/HUF
€50.00 USD/CHF USD/HKD USD/CNH
€60.00 CHF/JPY
€75.00 GBP/CHF
€85.00 EUR/CHF
MMR per 1K lot CURRENCY PAIRS
$5.00 ZAR/JPY
$9.00 NZD/USD NZD/JPY NZD/CAD
$10.00 USD/JPY AUD/USD USD/CAD AUD/CAD AUD/JPY AUD/NZD
$11.00 CAD/JPY
$14.00 EUR/USD EUR/GBP EUR/JPY EUR/AUD EUR/CAD EUR/NZD
$15.00 USD/SEK USD/NOK
$17.00 GBP/USD GBP/JPY GBP/CAD GBP/NZD GBP/AUD
$20.00 EUR/SEK EUR/NOK
$30.00 TRY/JPY
$40.00 USD/MXN USD/ZAR USD/TRY USD/HUF
$45.00 NZD/CHF
$50.00 USD/CHF AUD/CHF USD/HKD CAD/CHF USD/CNH
$56.00 EUR/TRY EUR/HUF
$65.00 CHF/JPY
$85.00 GBP/CHF
$100.00 EUR/CHF

1 Leverage: Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange with any level of leverage may not be suitable for all investors.