Margin Requirements

Margin requirements vary by product.

Minimum Margin Requirement by Product for USD Based Accounts
Currency Pair MMR Currency Pair MMR Currency Pair MMR
AUD/CAD 0.50% AUD/CHF 0.50% AUD/JPY 0.50%
AUD/NZD 0.50% AUD/USD 0.50% CAD/CHF 0.50%
CAD/JPY 0.50% CHF/JPY 0.50% EUR/AUD 0.50%
EUR/CAD 0.50% EUR/CHF 0.50% EUR/CZK 10.00%
EUR/DKK 10.00% EUR/GBP 0.50% EUR/HUF 5.00%
EUR/JPY 0.50% EUR/NOK 0.50% EUR/NZD 0.50%
EUR/PLN 5.00% EUR/SEK 0.50% EUR/TRY 0.50%
EUR/USD 0.50% GBP/AUD 0.50% GBP/CAD 0.50%
GBP/CHF 0.50% GBP/JPY 0.50% GBP/NZD 0.50%
GBP/USD 0.50% NZD/CAD 0.50% NZD/CHF 0.50%
NZD/JPY 0.50% NZD/USD 0.50% SGD/JPY 5.00%
USD/CAD 0.50% USD/CHF 0.50% USD/CNH* 10.00%
USD/CZK 10.00% USD/DKK 10.00% USD/HUF 5.00%
USD/JPY 0.50% USD/MXN 0.50% USD/NOK 0.50%
USD/PLN 5.00% USD/RUB 20.00% USD/SEK 0.50%
USD/SGD 5.00% USD/TRY 0.50% USD/HKD 10.00%
USD/ZAR 5.00% XAG/USD 0.50% XAU/EUR 0.50%
XAU/AUD 0.50% XAU/GBP 0.50% XAU/CHF 0.50%
Copper 1.00% Corn 1.00% Cotton 1.00%
HTG OIL 1.00% PALLAD 1.00% PLAT 1.00%
Soybean 1.00% Sugar 1.00% US NATG 1.00%
UK OIL 1.00% USOIL 1.00% WHEAT 1.00%
UK100 1.00% SPX500 1.00% AUS200 1.00%
NAS100 1.00% HK50 1.00% GER30 1.00%
JPN225 1.00% ESTX50 1.00% FRA40 1.00%
US30 1.00%
*Variable by volume over $1M

Open positions are required to be fully margined at all times. There are no margin calls in forex trading. If a customer’s account balance falls below required 100% maintenance margin, all open positions are subject to automatic liquidation. Liquidations are handled in the following manner: the net open position with the greatest unrealized loss is closed first, followed by the next largest losing position and so on, until the maintenance margin requirement is satisfied or exceeded. Depending on the size and unrealized P&L of the open positions, customers risk having ALL open positions liquidated in order to meet the minimum margin requirement and incurring losses greater than the initial required margin.

To minimize the risk of liquidation, you should make sure your account is funded in excess of your required margin and that you actively manage your positions using limit and stop orders.

Margin requirements are subject to change without notice, at the sole discretion of Additional levels of required margin and leverage may be available upon request.

Please note that very large individual positions are subject to additional margin. This will typically apply to positions of $50m or more on currency pairs, indices and major commodities, and positions of $2.5m or more on minor commodities.

Should you have a position that is subject to an additional margin requirement we will contact you to make arrangements to cover it. This increased margin requirement will continue to apply at Gain’s discretion, until the position size decreases and remains materially below the threshold for a sustained period. Partially closing the position will not automatically reduce your margin requirement.

If you have any questions about margin on large positions please contact us.