MetaTrader 4 Margin Requirement (CFDs)

	Indices (Global)	Markets	Margin Requirement	Trading Leverage
	AEX	Holland - 25 Index	5%	20:1
	CAC	France - 40 Index	5%	20:1
	DAX	German - 30 Index	5%	20:1
	NK	Japan - 225 Index	5%	20:1
	RL	US - Russell 2000 Index	5%	20:1
	SMI	Switzerland - Index	5%	20:1
	SP	US - S&P 500 Index	5%	20:1
	STXE	EU - Eurostoxx 50 Index	5%	20:1
	TECH100	US - Tech 100 Index	5%	20:1
	UK100	UK - 100 Index	5%	20:1
	WS30	US - Wall Street 30 Index	5%	20:1

	Stocks	Margin Requirement	Trading Leverage
	FTSE100 (UK)	10%	10:1
	CAC 40 (France)	10%	10:1
	DAX 30 (Germany)	10%	10:1
	WS30/TECH100/SP (US)	10%	10:1

Example #1 Indices (SP)

The US - S&P 500 Index is priced at 1275.40 / 1276.40. To buy 1 lot of SP, the required margin = 1 (contract) / 20 (leverage factor) x $1276.40 = $63.82.

Example #2 Stocks (MSFTUS)

The Microsoft Corp share is trading at 25.75 / 25.82. To buy 1 lot of MSFTUS, the required margin = 1 (contract) / 10 (leverage factor) x $25.82 = $2.58.

Margin Calculation Formula

Required margin = # of contract(s) / leverage factor x price.

Note

All CFDs are traded in the currency of the exchange from which they are based. In other words, if you buy US CFDs, the currency used is USD. If you buy UK CFDs, the currency used is GBP. If you have a US dollar based account, the margin used to trade UK CFDs is GBPUSD rate multiply by the UK CFD prices.