Key Features

Margin Watcher
  • Real-time margin overview
  • Customisable margin requirement
  • FXCM guarantees that you can never lose more than your account balance – never!

All of your account data is continuously updated with price movements in real time. This gives you a complete overview of your account activity. The Accounts window of the FXCM trading platform shows usable and used margin in real-time, so that you always know how much margin you are currently required to have and how much is available for new positions.

FXCM enables currency trading with a number of margin settings which permit a high degree of leverage.* You can adjust your margin requirement from 3% (33:1) to a maximum of 0.5% (200:1). The margin is simply set aside for the duration of individual trades. The default setting for new Mini accounts is approximately 0.5% of the trading volume.

In order to trade with 10,000 units of the base currency per lot, you do not need the 10,000 units in your account, just the margin requirement. Margin requirements vary between individual currency pairs and account currencies, and may change slightly from time to time. To ensure that you are always aware of current margin requirements you can view them in your FXCM trading account. The Dealing Rates window lists (in the simple view) your current margin requirements for each currency pair in the MMR column.

If account equity - the account balance including all open positions - falls below the mandatory margin requirement due to open trading losses, all open positions are closed out automatically at the market price. This is called a margin call and it prevents customer accounts from falling into negative balances. FXCM guarantees that you can never lose more than your account balance – never!

*Without proper risk management this high leverage can lead to both positive and negative results.

   

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