Forex Majors
Max Leverage: Please note max leverage is 1:500 for clients under Seldon Investments Limited (Jordan).
Weekend / Holiday: All new positions opened in the 3 hours prior to the market closing on the last trading day of the week or before a market holiday will require a minimum margin of 0.2%
This is not applicable to clients under Seldon Investments Limited (Jordan).
Example 1 – Account Leverage 1:500 , 20 lots
Margin Requirement calculation:
Number of Lots * contract size / maximum leverage * conversion rate (if applicable)
Client Account Currency USD
Account Leverage – 1:500
Instrument to trade: EURUSD
Volume traded: 20 lots
Margin requirement: 20 * 100,000 / 500 * 1.09000
Total Margin Required: 4,360 USD.
Example 2 – Account Leverage 1:500 , 120 lots
Margin Requirement calculation:
Number of Lots * contract size / maximum leverage * conversion rate (if applicable)
Client Account Currency USD
Account Leverage – 1:500
Instrument to trade: EURUSD
Volume traded: 120 lots
Margin requirement for first level : 100 * 100,000 / 500 * 1.09000
Margin requirement for second level : 20 * 100,000 / 200 * 1.09000
Total Margin Required: 21,800 + 10,900 = 32,700 USD.