To calculate margin requirements with FNmarkets, you need to follow these steps:
1. Determine the trade size in units (e.g., 100,000 units per standard lot).
2. Multiply the trade size by the market price to get the total value of the position in your base currency.
3. Divide the total value by the leverage ratio.
Here's an example:
• You have a USD account with 500:1 leverage.
• You place a EUR/USD buy order of 0.1 lots (10,000 EUR) at a market price of 1.3632.
Step-by-step calculation:
1. Trade size in units: 10,000 EUR (0.1 lots).
2. Total value of the position: 10,000 EUR * 1.3632 = $13,632.
3. Trading margin required: $13,632 / 500 (leverage) = $27.26.
So, the margin requirements for this trade would be $27.26.