Margin calculator
Work out how much margin a position needs at a given leverage, in the pair's base currency, before you open it.
Free, no account, no sign up. It runs in your browser and nothing you type is sent anywhere.
How it works: margin = units / leverage
Margin is not a cost. It is the part of your balance the broker sets aside while the position is open, and it comes back when you close. What matters is how much is left over, because the free balance is what absorbs the trade moving against you.
At 1:30, a standard lot needs about 3,333 units of the base currency. At 1:500 the same lot needs 200. The position is identical either way, and so is the money it loses per pip. Higher leverage does not make a trade smaller. It only lets a smaller balance hold it.
The figure comes out in the base currency of the pair, which is the first of the two codes.
Also searched for: leverage calculator, required margin, how much margin do i need, margin requirement calculator
Questions
Does higher leverage mean more risk?
Not by itself. Leverage decides how large a position your balance can hold, not how large a position you open. The risk comes from the size you choose and where your stop sits.
What happens if margin runs out?
When equity falls far enough relative to used margin the broker starts closing positions, which is called a stop out. The level varies by broker and is in your account terms.
Is the answer in my account currency?
It is in the base currency of the pair. For EURUSD that is euros. If your account is in something else, convert at the current rate.
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A calculator, not financial advice. It works out what a number is and says nothing about what to trade. Trading carries a risk of loss.