Use the trading calculator to estimate your potential profits, losses, margin requirements, and pip values before placing trades.
Start tradingLooking out for margin requirements is crucial. If your equity level falls below 15% of the required margin, some or all of your current positions will be forcibly closed to prevent further losses—that is called a Stop Out. We will send you a notification known as a margin call when your equity level falls down to 25% of the overall margin. It will give you time to make an additional deposit or close some orders manually.
MT Forex margin calculator helps you to determine the margin size you must maintain in your trading account to support an open position. You can also use it to calculate the pip value of a certain order or optimise your leverage. The calculator is an essential tool for every trader—it helps you prevent Stop Outs and manage your risks properly.
You can also use the Octa Forex margin calculator to adjust your leverage.
Choose the currency pair, your account's currency, leverage level, and trade volume. Finally, press the Calculate button. The margin will be calculated automatically using the specifications of the chosen trading platform. This number shows how much funds you need to open your order with the current leverage. If the calculated margin size for an order is larger than your available funds, try selecting a higher leverage ratio.
Let us say you want to buy a standard lot of EURUSD using 1:100 leverage and have 600 USD in your account. According to the calculator, you need 1,064.54 USD to place the order. If you change your leverage to 1:200, the margin will be 532.27 USD. You can now place that order once you increase the leverage in your account settings.
You can use the calculator to choose the optimal lot size as well. Before placing an order, compare your available equity to the required margin and select your order size accordingly.
For instance, you want to buy 10 lots of EURUSD with 1:500 leverage and have 1,500 USD in your account. According to the calculator, you need 2,141.88 USD to do that. Try changing the volume of your order—you can buy 7 lots for 1,499.05 USD with your available funds. However, there is also an option to deposit 641.88 USD more and buy 10 lots.
A pip is the smallest unit of price change in Forex. Its meaning varies for different trading instruments:
You can use the calculator to choose the Stop Loss and Take Profit levels for your order. Input the details of your order, determine the open price and start calculating various outcomes by changing the close price level. Choose the levels resulting in profits and losses you are comfortable with.
For instance, you want to buy 8 lots of GBPUSD. The current price of this pair is 1,27140, and you expect it to rise. You set the matching trading volume and open price and start calculating potential profit for various close price values. For the close price of 1,27165, the expected profit is 200 USD, while the close price of 1,27180 results in 320 USD. Extra 120 USD seem significant, but since you are not sure the price will hit 1,27180, you choose 1,27165 as your Take Profit level to increase the chances of a profitable order. In the same way, you can also use the calculator to determine the Stop Loss level.
A pip is the smallest unit of price change in Forex. Its amount varies for different trading instruments:
for 5-digit currency pairs—the 4th decimal (0.0001)
for 3-digit currency pairs and XAGUSD—the 2nd decimal (0.01)
for XAUUSD, XBRUSD, XTIUSD—the 1st decimal (0.1)
for indices (exсept JPN225)—the 1st decimal (0.1)
for JPN225—the 4th decimal (0.0001).
Let us say you want to buy a standard lot of EURUSD, and the price is currently at the 1.0762 level. The calculated pip value of this trade is 10 USD. That means that if the price falls to 1.0761 (one pip down), you will lose 10 USD. And if it grows to 1.0772 (10 pips up), you will make 100 USD.