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Margin Calculator

How much of your account a trade actually ties up - and how leverage amplifies your real exposure.

Inputs

Approximate market price of the instrument.

Result

Position notional value
$23,500.00
Total exposure to market
Margin required
$235.00
What ties up in your account
Leverage multiplier
100x

Approximate values. Some brokers apply tiered margin or instrument-specific rates - verify with your broker before opening live trades.

How to use this

Margin is the amount your broker locks up to let you open a leveraged position. With 1:100 leverage, a 0.10 lot of XAUUSD at $2,350 needs about $235 of your account. That's misleading-sounding "low" - what matters is the notional value, which is $23,500 of real market exposure. A 1% adverse move on the underlying instrument is $235 of P/L on your $235 of margin: that's a 100% loss on the cash committed.

High leverage does not "give you more buying power" in any meaningful sense - it gives you more exposure to risk per dollar of capital. Most disciplined traders use leverage well below their broker's maximum offer. Always size by the Position Size Calculator, not by what your broker will let you open.

Want the full risk framework? See the Risk Management course →