Forex Used Margin - What is Used Margin in Forex?
What's Used Margin? : amount of money in your account which has already been used up when buying a forex trade order, this forex order is the one that is displayed in the open trades. As a trader you can't use this amount of money after opening a trade because you have already used it in another trade and it is not available to you.
In other words, because your forex broker has opened up a position for you using capital you have borrowed, you must maintain this usable margin for your trading account as a security to allow you to continue using this leverage that the broker has given you.
Example of Used Margin is Calculated on MT4
The forex trading margin examples on MT4 forex Platform below, the set leverage is 100:1, the forex margin which is 1% is $2683.07, therefore the total amount controlled by forex trader is: $268,307 - this is because with this leverage the trader has used little of his money & borrowed the rest, with this set at 100:1, the trader is using 1% of their trading capital, this 1% is equivalent to $2683.07, if 1% is equal to $2683.07 then 100% is $268,307
MetaTrader 4 Forex Leverage Margin Calculator - What's Used Margin in Forex?
Forex Used Margin - $2683.07
Forex Margin used to open forex trades in MetaTrader 4 examples above
To Learn More about Forex Leverage & Margin - Read the Topics Below:
Forex Leverage & Margin Explained
