Calculate required margin for any pair and leverage ratio
Margin is the collateral required by your broker to open a leveraged position. It's not a fee — it's a portion of your account balance set aside. The formula is: Margin = (Lots × Contract Size × Price) / Leverage.
Margin Level = (Equity / Used Margin) × 100%. When it drops below 100%, you receive a margin call. Below 50% (varies by broker), positions are automatically closed (stop out).