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.
What are FXCM Margin Requirements?
Forex margin requirements at FXCM LTD vary depending on account type. Up-to-date requirements are displayed in the “Simplified Dealing Rates” window of the Trading Station by currency pair.
- Standard Accounts are set to approximately 100:1 (or 1% margin) on major currency pairs.
See Standard FX MMR per 1K lot.
- Mini Accounts are set to approximately 400:1 (or 0.25%) on major currency pairs.
See Mini FX MMR per 1K lot.
When is Margin Updated?
Margin requirements are updated each month on the last Friday to account for price fluctuations. FXCM does not anticipate more than one update a month, however extreme market movements or event risk may necessitate unscheduled intra‐month updates. Up‐to‐date margin requirements are displayed in the Simplified Dealing Rates window of the Trading Station.