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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.

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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:

InstrumentContract sizeTick value (USD)Min lotMax lotAvg daily range
EUR/USD100,000$1.000.0120039.6 pips
GBP/USD100,000$1.000.0120048.6 pips
AUD/USD100,000$1.000.0120033.6 pips
USD/CAD100,000$0.730.0120049.2 pips
USD/JPY100,000$0.630.0130088.7 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 same four questions, asked of a bank app and of a trading account

QuestionBank appTrading account
What left the account when this started?An amount, listed as a transactionNothing left; an amount is held
Where is it visible?In the statementAs required margin against the open position
When does it come back?It does not; it was spentWhen the position is closed
Can a ratio make it smaller?There is no such ratioLeverage 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

StateWhat it meansWhat moves it out of this state
AvailableCan be committed to a new positionOpening a position places part of it on hold
HeldSet aside against a position that is openClosing that position releases it
RealisedThe result of a position that has been closedIt is added to or taken from the balance

Frequently asked questions

Is the required margin debited from the account?
No. It stays on the account and stops being available for opening anything else while the position is open.
When does the held amount become usable again?
When the position it belongs to is closed. The hold is released at that point; the result of the position is a separate figure.
Why does a higher leverage ratio produce a smaller number?
Because leverage is the divisor in the calculation of the hold. The volume and the instrument are unchanged, and only the part of the balance set aside to keep the position open is smaller.
Does using the calculator move anything on the account?
No. It reads the specification and the leverage and returns a number. No order is placed and nothing is set aside.
Does the same figure appear anywhere in the terminal?
Yes. The same quantity is shown against an open position as its margin. The calculator simply produces it before the position exists rather than after.

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