Hello everyone, please, I need your help.
I need you to help me understand how to calculate the margin needed for a transaction based on the total amount in the account, the risk per transaction and the broker's leverage.
For example, I have a demo account where I have about $ 250, the risk per transaction I use is 2%, and the broker offers me a 1:30 lever, on Dax. If I open a transaction under these conditions, I use approximately 0.31 lots for an order.
How can I find out the margin needed for a transaction?
Thank you for your patience.
I need you to help me understand how to calculate the margin needed for a transaction based on the total amount in the account, the risk per transaction and the broker's leverage.
For example, I have a demo account where I have about $ 250, the risk per transaction I use is 2%, and the broker offers me a 1:30 lever, on Dax. If I open a transaction under these conditions, I use approximately 0.31 lots for an order.
How can I find out the margin needed for a transaction?
Thank you for your patience.