Question: Calculation of margin/leverage for Metals & Energies on MT4 (MetaTrader4)?
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On HotForex MT4, you will be required fixed margins for all energy CFDs.
No matter high leverage you have set for your trading account, the margin requirements for energy CFDs are as follows:
| Natural Gas(NGAS) | USD50/EUR45 per lot |
|---|---|
| UKOIL and USOIL | USD100/EUR75 per lot |
For Precious Metal CFDs, the margin requirements are as follows:
| All Metals | 1% notional value per lot |
|---|
The leverage for Metal CFDs is fixed to 1:100.
How to Calculate Margin Requirements
Notional Value / 100
For example if an account open 1 lot (or 100 ounces) of gold the required margin will be the following:
100 * 1585 /100 = $1585
The pip value for a 1 lot position is $1 per pip.
Contract Sizes for Metals and Energies
The contract size of 1 lot is different for each CFD.
- Natural Gas – 1,000 MMBtu
- UKOIL and USOIL – 100 Barrels
- XAGEUR and XAGUSD – 1000 Ounces
- XAUEUR and XAUUSD – 100 Ounces
Here are some eamples of conversions between contract size and lot.
Gold – 1 lot = 100 ounces
0.1 lot = 10 ounces
0.01 lot = 1 ounce
