In order to calculate the Margin Requirements, it is important to first calculate the Notion Value (USD) and the Weighted Average Leverage. See below for the relevant formulas.

[Smaller Side Lots * 50%) + (Larger Side Lots - Smaller Side Lots)] × Contract Size × Symbol Currency to USD rate

Larger and Smaller Side
If Buy Lots are greater than Sell Lots, then the Larger Side is Buy Lots and the Smaller side is Sell Lots. If Sell Lots are greater than Buy Lots, then the Larger Side is Sell Lots and the Smaller side is Buy Lots.

WAL= 1÷[(T1×T1M) + (Tier 2×T2M) + (Tier 3×T3M) + (Tier 4×T4M) + (Tier 5×T5M)]÷∑(T1, Tier 2, T3, T4, T5)

Where:

WAL = Weighted Average Leverage

NV= Notional Value (USD)

T1…5= Tiers’ Notional Value (USD)

T1M…T5M= Tiers’ Margin% /100

Margin Requirements Formula (MR)

MR=∑(T1, T2, T3, T4, T5)÷WAL×USD to Account Currency Rate

Margin Requirements Example

Assume you open a Position #1 Buy 1 lot BTCUSD at a price of 10,000 for a BTC Denominated account, with account default Leverage of 1:500.

Notional value (USD) = [(0 * 50%) +(1-0)] * 1 * 10,000 = 10,000 USD

WAL = 1 / [(10,000 * 0.002)] / 10,000 = 500 Leverage

In this case, the aggregate notional USD value of open positions on BTCUSD is less than 10,000 USD, which falls under Tier 1, therefore, a leverage of 1:500 is provided for the first 10,000 USD.

Margin Requirements = 10,000 / 500 * 0.0001 = 0.002 BTC

You open an additional position # 2 Buy 4 lots BTCUSD at price 10,000.

New Notional value (USD) = [(0 * 50%) + (5+0)] * 1 * 10,000 = 50,000 USD.

New WAL = 1 / [(10,000 * 0.002) +(40,000 * 0.005)] / 50,000 = 227.27 New Leverage

In this case, the aggregate notional USD value of open positions on BTCUSD is greater than 10,000 USD, but less or equal to 50,000 USD, which falls within Tiers 1 and 2, therefore, a leverage of 1:500 is provided for the first 10,000 USD, and a leverage of 1:200 for the remaining 40,000 USD.

New Margin Requirements = 50,000 / 227.27 * 0.0001 = 0.022 BTC

1. A 50% Hedged Margin applies for all symbols. This mean that Hedged Margin is taken into consideration when calculating Leverage Tiers. If you have 2 Lots Buy and 2 Lots sell, the 50% applies on 2 Lots, therefore, margin will be calculated on 1 Lot
2. If the Leverage assigned to your account (default Leverage) is smaller than the Leverage Tiers, your assigned Leverage will apply. In the example above, if your default Leverage was 1:100 for all 5 Lots (50,000 USD), a Leverage of 1:100 would apply until your Notional Value (USD) falls within a Tier where Leverage is smaller than your assigned leverage.
3. The Company reserves the right to alter the margin requirements, as well as the maximum order size at any given time without any prior notice, as it deems appropriate, due to abnormal market conditions, large exposures or any other upcoming economic events/news, with the aim of protecting its clients from excessive losses.
4. The Leverage / Margin requirements may be subject to change as a result of applicable regulations in your country of residence.  
5. Margin call level: 150%, Stop out level: 100%