Exness Margin Calculator — the Amount That Is Held, Not Spent (Jordan)
Required margin is not money leaving the account. It is the part of the balance that stops being available while a position is open, and becomes available again when the position closes.
Open Exness Account →The number a margin calculator returns is neither a price nor a charge. It is the size of a hold: the part of the balance that stops being available for opening anything else while a position is open, and becomes available again when that position closes. It is worked out from the volume, the contract size of the instrument, the price and the leverage on the account — which is why a larger leverage ratio produces a smaller number without making the position any smaller.
Measured contract values for your calculations
Read live from Exness’s MT5 Raw+ feed — the contract size, tick value, lot limits and average daily range behind any margin, pip-value, stop-size or profit calculation:
| Instrument | Contract size | Tick value (USD) | Min lot | Max lot | Avg daily range |
|---|---|---|---|---|---|
| EUR/USD | 100,000 | $1.00 | 0.01 | 200 | 39.6 pips |
| GBP/USD | 100,000 | $1.00 | 0.01 | 200 | 48.6 pips |
| AUD/USD | 100,000 | $1.00 | 0.01 | 200 | 33.6 pips |
| USD/CAD | 100,000 | $0.73 | 0.01 | 200 | 49.2 pips |
| USD/JPY | 100,000 | $0.63 | 0.01 | 300 | 88.7 pips |
Tick value is the cash change per minimum price move, per standard lot; the 14-day average daily range helps you size stops and targets. Account stop-out levels (measured): margin call at 60%, stop-out at 0% — confirm the live values in your terminal.
What the number stands for
- The hold is worked out from the volume, the contract size of the instrument, the price and the leverage on the account.
- Nothing is debited when a position opens: an amount stops being available for opening anything else, and it is released when the position closes.
- Leverage sets the size of the hold, not the size of the position — 0.10 lot is 0.10 lot at any ratio.
- The calculator reads the specification and returns a number; it places no order and sets nothing aside.
- The figure the terminal shows against an open position is the same quantity, read after the fact instead of before it.
The same four questions, asked of a bank app and of a trading account
| Question | Bank app | Trading account |
|---|---|---|
| What left the account when this started? | An amount, listed as a transaction | Nothing left; an amount is held |
| Where is it visible? | In the statement | As required margin against the open position |
| When does it come back? | It does not; it was spent | When the position is closed |
| Can a ratio make it smaller? | There is no such ratio | Leverage does exactly that |
A hold and a payment look alike in a list and are not alike at all
In a banking app a pending amount and a completed one sit in the same column a few pixels apart, and the difference between them is a matter of time: one of the two will finish becoming a payment. Required margin never finishes becoming anything. There is no counterparty waiting to receive it and no date on which it settles.
It reads better as a state of the money than as an event. The same balance is in two states at once while a position is open: one part free to be committed to something new, one part committed already.
What the calculator actually does
It reads the specification of the instrument and the leverage on the account, and returns the size of the hold that a given volume would create. Nothing is sent anywhere, the account is not touched, and no position comes into existence as a result of the calculation.
The point of doing it before rather than after is that the answer decides what is possible next. A hold is not a cost, but it does consume the capacity to open the position after this one, and that capacity is finite.
Why the ratio changes the number and not the exposure
Leverage is the divisor in the arithmetic of the hold. Raise it and the hold shrinks, while the volume, the instrument and the distance the price has to travel are all unchanged. Nothing about the position is smaller — only the part of the balance set aside to keep it open.
This is the sentence a banking habit gets wrong most often, because in a bank a smaller number really does mean a smaller commitment. Here they are two separate quantities that happen to be linked by one ratio.
Three states of the same money
| State | What it means | What moves it out of this state |
|---|---|---|
| Available | Can be committed to a new position | Opening a position places part of it on hold |
| Held | Set aside against a position that is open | Closing that position releases it |
| Realised | The result of a position that has been closed | It is added to or taken from the balance |
Frequently asked questions
Is the required margin debited from the account?
When does the held amount become usable again?
Why does a higher leverage ratio produce a smaller number?
Does using the calculator move anything on the account?
Does the same figure appear anywhere in the terminal?
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