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DenmarkIt can be calculated with the formula below:
*margin = number of contracts (lot) x contract unit x price at the time / leverage
For example, trading 1 lot of EUR/USD with 500:1 leverage at a price of 1.10000:
1 x 100,000 x 1.10000 / 500 = 220
Note: Some currency pairs, such as USD/JPY, have a contract unit of 1,000. The exact contract unit can be found in the MT4/5 asset description.