PipDesk

Margin Calculator

Position Sizing

Work out required margin, leverage, and free margin before you open a position.

lots
Live

Auto-filled from live rates. Edit it to match your broker's quote.

USD
USD

Required margin

$1,085.00

Notional value

$108,500

Free margin

$8,915.00

Margin level

922%

Required margin = (Lots × Contract size × Price × Conversion rate) ÷ Leverage. Margin level below 100% typically triggers a margin call — check your broker's specific thresholds.

How to use it

Using the Margin Calculator in 4 steps

  1. 1Enter your position size, leverage, and the instrument's current price (or use the reference price provided).
  2. 2Set your account currency — the conversion rate fills in automatically.
  3. 3Add your account equity and any margin already used by other open positions.
  4. 4Review required margin, free margin, and margin level.

Why it matters

What this does for your trading

  • Know exactly how much margin a new trade will use before you open it.
  • Avoid margin calls by keeping your margin level comfortably above 100%.
  • Plan how many positions you can safely hold at once without over-leveraging.