WHAT IS MARGIN / MARGIN LEVEL / FREE MARGIN?

Margin is the required amount in the deposit currency of the trading account needed to open or maintain a position. When trading forex, the Required/Used Margin for a specific position = Number of Lots * Contract size / Leverage. Here the result is originally calculated in the first currency of the traded pair and then converted into the base currency of your trading account, which will be numerically displayed on your MT4/MT5.

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