Margin Calculation (USD)
Formula:
Margin = Lot size * Contract size / Leverage, with the result in the base currency
Example
Deposit currency: USD
Leverage: 100
Currency pair: EUR/USD(Base currency is EUR, quote currency is USD)
Lot size: 5 (One lot = 100,000 contracts)
Margin = 500,000 / 100 = 5,000 EUR
EUR/USD exchange rate: 1.36500
Converted to deposit currency (USD), the result is 5,000 * 1.36500 = 6,825.00 USD