Online Forex Trading
"Since 1998"

Margin Requirements

Clients are offered a large selection of margin settings and traders have the ability to select the degree of leverage or gearing they wish to utilize. The default margin setting provides approximately 100:1 leverage (on standard accounts) , while at the lowest level of margin available clients may elect to leverage their account equity by a factor of 200. Note: Leverage without proper risk management can lead to large losses as well as gains.

Unless otherwise requested, all accounts will be set up on the most lenient margin requirement based on account size.
 

Margin Requirements   Account Type Default Margin Level   Lowest Available Margin Level   Mini $50 Per Lot* (approximately .5%)   $50 Per Lot*   100K $1000 Per Lot* (approximately 1%)   $500 Per Lot*   100K Interest Bearing $2000 Per Lot (approximately 2%)   $2,000 Per Lot

* Not available for accounts over $50,000.

How to Go About Changing  Your Margin Requirement
You can apply to change your margin requirement online, which will be applied to your account based on account equity. To increase or decrease your margin requirement, please follow the steps below.

• Go to www.myfxcm.com.

• Login using the same username and password as your trading account.

• Scroll over the "FORMS" button and click on "Change Margin".

• You will be able to choose from several options. Depending on your account balance, the margin requirement can be as low as $50 per Lot for Mini Accounts and $500 per Lot for 100K Accounts.

• Once processed, you will receive an e-mail confirming your new margin.

Margin Watcher System
The market maker guarantees limited risk. If the equity in the account drops below the margin required to maintain the open positions, all open positions may be liquidated. This protects the trader from losing more than the funds deposited into the trading account.


Rollover/Interest Policy
At 5:00 PM New York Time, funds are subtracted or added to accounts with open positions because of the automatic rollover. For accounts that have a margin requirement of 2% or more, funds are added to the account for positions in which the client is long (holding) the currency bearing the higher interest rate. Funds are deducted in the opposite circumstance.

NOTICE TO TRADERS: Be advised that the margin requirement is variable and may be changed at any time at the sole discretion of the dealing desk, based on account equity, simultaneous open positions, and market volatility.

The market maker always recommends the use of stop-loss orders for risk management. The margin requirement should not be used as a substitute for a risk management system. Using a low margin requirement increases the amount of leverage, which allows the trader to place larger positions with the same amount of capital. However, no one can guarantee profits or freedom from loss.