Margin Requirement of Bitcoin(BTCUSD) on XM MT5 is calculated as follows:

Lots * Contract Size * Opening Price * Margin Percentage(normally 33%)

In case of hedged positions, 50% of the normal margin will be required.

*Leverage applied to Bitcoin(BTCUSD) is not based on the leverage of your trading account.

If you are not sure about calculation(of anything on margin trading), you may open a Demo account of XM MT4 or MT5 and see the numbers there.

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