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)

What are FXCM Margin Requirements?

By default FXCM LTD offers approximately 100:11 leverage (or 1% margin) on major currency pairs. Margin requirements (per 1K lot) at FXCM are updated once per month. Current margin requirements are listed below.

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. 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
£4.00 ZAR/JPY
£5.00 NZD/USD NZD/JPY NZD/CAD
£6.00 AUD/USD AUD/CAD AUD/JPY CAD/JPY AUD/NZD
£7.00 USD/JPY USD/CAD
£8.00 EUR/USD EUR/GBP EUR/JPY EUR/AUD EUR/CAD EUR/NZD
£10.00 GBP/USD GBP/JPY GBP/CAD GBP/NZD GBP/AUD
£10.50 USD/SEK USD/NOK
£12.00 EUR/SEK EUR/NOK TRY/JPY
£25.00 NZD/CHF
£28.00 USD/MXN USD/ZAR USD/TRY
£30.00 CAD/CHF AUD/CHF
£32.00 EUR/TRY
£35.00 USD/CHF USD/HKD USD/CNH
£40.00 CHF/JPY
£50.00 GBP/CHF
£60.00 EUR/CHF
MMR per 1K lot CURRENCY PAIRS
€4.00 ZAR/JPY
€7.00 NZD/USD NZD/JPY NZD/CAD
€8.00 AUD/USD AUD/CAD AUD/JPY AUD/NZD CAD/JPY
€10.00 EUR/USD EUR/GBP EUR/JPY EUR/AUD EUR/CAD EUR/NZD USD/JPY USD/CAD
€15.00 EUR/SEK EUR/NOK USD/SEK USD/NOK
€16.00 GBP/USD GBP/JPY GBP/CAD GBP/NZD GBP/AUD TRY/JPY
€35.00 NZD/CHF
€40.00 AUD/CHF EUR/TRY CAD/CHF USD/MXN USD/ZAR USD/TRY
€50.00 USD/CHF USD/HKD USD/CNH
€55.00 CHF/JPY
€75.00 EUR/CHF
€80.00 GBP/CHF
MMR per 1K lot CURRENCY PAIRS
$4.00 ZAR/JPY
$8.00 NZD/USD NZD/CAD
$9.00 AUD/USD AUD/CAD AUD/JPY CAD/JPY AUD/NZD NZD/JPY
$10.00 USD/JPY USD/CAD
$13.00 EUR/USD EUR/GBP EUR/JPY EUR/AUD EUR/CAD EUR/NZD
$15.00 USD/SEK USD/NOK
$18.00 GBP/USD GBP/JPY GBP/CAD GBP/NZD GBP/AUD
$19.50 EUR/SEK EUR/NOK
$30.00 TRY/JPY
$40.00 USD/MXN USD/ZAR USD/TRY NZD/CHF
$45.00 AUD/CHF
$50.00 USD/CHF USD/HKD USD/CNH
$52.00 EUR/TRY
$65.00 CHF/JPY
$90.00 GBP/CHF
$97.50 EUR/CHF

When are Margin Requirements Updated?

Margin requirements are updated each month on the last Friday. Scheduled updates are on the following dates:

  • June 26, 2015
  • July 31, 2015
  • August 28, 2015
  • September 25, 2015
  • October 30, 2015
  • November 27, 2015
  • December 25, 2015

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.