Is the Forex Margin Calculator free?
Yes. It is completely free, with no sign-up, no watermark, and no usage limits.
Does it use a specific currency?
No. Amounts are currency-neutral and use the same unit across all inputs, so it works in any country.
How is forex margin calculated?
Margin = lots × 100,000 × exchange rate ÷ leverage, in the quote currency. One lot of EUR/USD at 1.0850 with 30:1 leverage needs $3,616.67 of margin.
What is a pip worth?
For a standard lot on a pair quoted to four decimals, 0.0001 × 100,000 = 10 units of the quote currency, so $10 per pip on EUR/USD. Leveraged trading can lose more than your deposit; this is a calculation, not trading advice.