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)

Margin Requirements for FXCM LTD Standard Accounts Using a 1K Lot Size

£1.50 Margin £2.50 Margin £3.50 Margin £4.00 Margin £4.50 Margin £5.00 Margin Exotic (Variable) Margin
NOK/JPY HKD/JPY NZD/USD AUD/USD CHF/JPY GBP/USD EUR/TRY (£20)
SEK/JPY ZAR/JPY NZD/CAD AUD/CAD CHF/NOK GBP/AUD EUR/PLN (£20)
NZD/CHF AUD/CHF CHF/SEK GBP/CAD EUR/HUF (£20)
NZD/JPY AUD/JPY GBP/CHF EUR/CZK (£20)
AUD/NZD GBP/JPY TRY/JPY (£10)
CAD/CHF GBP/NZD SGD/JPY (£15)
CAD/JPY GBP/SEK USD/CZK (£15)
USD/SEK EUR/USD USD/HKD (£15)
USD/DKK EUR/JPY USD/HUF (£15)
USD/NOK EUR/AUD USD/ILS (£15)
USD/JPY EUR/CAD USD/MXN (£15)
USD/CHF EUR/CHF USD/PLN (€17.50)
USD/CAD EUR/DKK USD/RUB (£15)
EUR/GBP USD/SGD (£15)
EUR/NOK USD/TRY (£15)
EUR/NZD USD/ZAR (£15)
EUR/SEK USD/CNH (£15)
€1.50 Margin €3.00 Margin €4.00 Margin €4.50 Margin €5.00 Margin €7.00 Margin Exotic (Variable) Margin
NOK/JPY HKD/JPY NZD/USD CAD/CHF EUR/USD GBP/USD EUR/TRY (€20)
SEK/JPY ZAR/JPY NZD/CAD CAD/JPY EUR/JPY GBP/AUD EUR/PLN (€20)
NZD/CHF USD/JPY EUR/AUD GBP/CAD EUR/HUF (€20)
NZD/JPY USD/CAD EUR/CAD GBP/CHF EUR/CZK (€40)
USD/CHF EUR/CHF GBP/JPY TRY/JPY (€10.50)
USD/DKK EUR/DKK GBP/NZD SGD/JPY (€15)
USD/NOK EUR/GBP GBP/SEK USD/CZK (€20)
USD/SEK EUR/NOK USD/HKD (€17.50)
EUR/NZD USD/HUF (€17.50)
EUR/SEK USD/ILS (€17.50)
AUD/USD USD/MXN (€17.50)
AUD/CAD USD/PLN (€17.50)
AUD/CHF USD/RUB (€17.50)
AUD/JPY USD/SGD (€17.50)
AUD/NZD USD/TRY (€17.50)
CHF/JPY USD/ZAR (€17.50)
CHF/NOK USD/CNH (€17.50)
CHF/SEK
$2.50 Margin $5.00 Margin $6.00 Margin $6.50 Margin $8.00 Margin $9.50 Margin Exotic (Variable) Margin
NOK/JPY USD/JPY AUD/USD CHF/JPY EUR/USD GBP/USD EUR/TRY ($30)
SEK/JPY USD/CAD AUD/CAD CHF/SEK EUR/JPY GBP/AUD EUR/PLN ($30)
NZD/USD AUD/CHF CHF/NOK EUR/AUD GBP/CAD EUR/HUF ($30)
USD/CHF AUD/JPY EUR/CAD GBP/CHF EUR/CZK ($30)
HKD/JPY AUD/NZD EUR/CHF GBP/JPY TRY/JPY ($15)
NZD/CAD CAD/CHF EUR/DKK GBP/NZD SGD/JPY ($20)
NZD/CHF CAD/JPY EUR/GBP GBP/SEK USD/CZK ($20)
NZD/JPY EUR/NOK USD/HKD ($20)
USD/DKK EUR/NZD USD/HUF ($20)
USD/NOK EUR/SEK USD/ILS ($20)
USD/SEK USD/MXN ($20)
ZAR/JPY USD/RUB ($20)
USD/HUF ($20)
USD/SGD ($20)
USD/TRY ($20)
USD/ZAR ($20)
USD/CNH ($20)

How does FXCM calculate margin?

By default FXCM LTD offers approximately 200:11 leverage (or 0.5% margin) on its forex trading accounts. 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

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.