Forex Margin Calculator
With the use of this free online Forex Margin Calculator, the user will be able to figure out exactly how much is required to have in his or her account to keep holding open positions.
It is important to know some basic instructions of how to apply the online calculator. Firstly, the user has to determine the account currency that he/she wants and then choose it from the dropdown menu by clicking the specific window. Usually, the first currency to be displayed is the U.S. Dollar.
Secondly, the user can set the "Account Pair" which involves selecting another currency that will be compared to the account currency chosen. Thirdly, the calculator will provide the user with the box where the current exchange rate on the global currency market can be entered. Following this procedure, the margin ratio should be selected as well. Finally, the "Number of Units" is set as well. The last step is for the calculator to compute the margin.
You may also want to try our Forex Fibonacci Calculator.