How to compute the margin?

[steelcat]

Example, Greece 20,

the rate is 252
2000 contract.
after leverage-
the value is =A$75410
The margin is A$1508

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The margin is A$1508,
so the open is A$1508 X100 = A$150,800?
and the leverage must be 2?

the rate is 252,
so one point = AUD$0.3?

 

[ryan11]

To compute the margin the formula is

Margin=(Price of currency pair×Lot Size)/Leverage

For example : I am trading in 0.1 lot($10000) of EUR/USD and price is 1.12 and leverage is 100. Then the used margin/margin required to trade is

(1.12*10000 units)/100 = $112

So margin is $112, same is with others(stocks and stock indices).

 

[cynic]

To compute the margin the formula is

Margin=(Price of currency pair×Lot Size)/Leverage

For example : I am trading in 0.1 lot($10000) of EUR/USD and price is 1.12 and leverage is 100. Then the used margin/margin required to trade is

(1.12*10000 units)/100 = $112

So margin is $112, same is with others(stocks and stock indices).

It can vary greatly depending on the broker/provider. I am currently incurring margin of AUD $4.25 on microlots for the EUR/USD. That would translate to $42.50 for a minilot (i.e. 10 x microlots).