|
LEX MARGIN REQUIREMENT (FX)
LEX MT Platform Margin Requirement  
Lexington Global Markets (LEX) MT platform offers four (4) leverages: 50:1, 100:1, 200:1 and 400:1*
Change MT Leverage
For MT platform, you must download and submit relevant leverage change form to the broker. Please visit our account center to download the forms.
Calculate Required Margin
LEX offers margin calculation in real time. That means margin requirement is affected by changes in the market rate. For non-dollar based currency pairs the margin required will be converted into U.S. Dollars at the prevailing market price for that pair. For example, the margin required to place a trade of GBP 100,000 should not be, and is not, the same as the margin needed for a trade of US$100,000.
Example 1 (US Dollar based currency pair)
USD/JPY rate displays 84.838 / 84.851. A client places a buy order with leverage 100:1 and contract size 100,000.
Used Margin = $1,000 USD
Formula for US Dollar based currency pair: contract size (base currency) / leverage
Example 2 (Non US Dollar based currency pair)
EUR/USD rate displays 1.44551 / 1.44569. A client places a buy order with leverage 100:1 and contract size 100,000.
Used Margin = EUR 100,000 (base currency) / 100 x 1.44569 = $1,445.69 USD
Formula for non US Dollar based currency pair: contract size (base currency) / leverage x market rate
*RSIK WARNING: Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary. Learn about risk management.
|