Calculate your position's effective leverage, used margin, margin level and the approximate price at which stop out would be triggered.
For information only. Not financial advice. Always check your broker's conditions before trading.
How it works
Leverage lets you open positions larger than your capital. This calculator shows the effective leverage you are really using, the margin the position ties up, your margin level and the approximate price at which the broker would close the trade on stop out.
Account leverage (1:30, 1:100, 1:500) only determines margin; your real risk is set by effective leverage.
How it is calculated
Position value = lots × contract × price × exchange rate
Margin = value ÷ account leverage
Effective leverage = value ÷ equity
Margin level = equity ÷ margin × 100
Stop out: loss = equity − stop-out level × margin
FAQ
Is 1:500 leverage dangerous?
Account leverage is not dangerous in itself; opening large positions is. Effective leverage above 10x leaves very little room for error.
Why is the stop-out price approximate?
Because the broker calculates using the closing price (Bid or Ask), includes spread and swap, and the margin on some instruments varies with price.
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