Results 1 to 6 of 6

Thread: InterBank Margin Calcs, Any others like them ?

  1. #1

    InterBank Margin Calcs, Any others like them ?

    MT4 brokers only

    Interbank STD accounts are excellent for major margin calculations.

    They compute margin like this for every Micro lot in STD account like this

    EURUSD is 0.01 * 1000 = $10.00

    GBPUSD is 0.01 * 1000 = $10.00

    USDCHF is 0.01 * 1000 = $10.00

    AUDUSD is 0.01 * 1000 = $10.00

    Margin is corrected for hedging. In case you've got three transactions of this EURUSD, state 2 buys and 1 market, the margin will be $20.00 ( Thats 0.01 traded) rather than $30.00.

    Other brokers Velocity4x, FXDD, UGM calculate margin like this for micro lot in STD
    EURUSD is 0.01 * 1000 * 1.314 = $13.14

    GBPUSD is 0.01 * 1000 * 1.926 = $19.26

    USDCHF is 0.01 * 1000 * 1 = $10.00

    AUDUSD is 0.01 * 1000 * 0.77 = $7.70

    FXDD and UGM allow margin to be corrected for hedging, Velocity4x doesn't ( ie $30 margin for three transactions as described previously ).



    QUESTION: Why are the other MT4 brokers out there which calculate margin for those majors the same way Interbankfx does?

    Why I ask that is that Interbankfx isn't the very best in other regions.

    Please notify...

  2. #2
    I only spoke with InterbankFX. . .they have confirmed this.

    On a standard account in 100:1 leverage, each standard lot is $1000 for your margin demand regardless of the currency pair.

    On a mini account in 200:1 leverage, each miniature lot is $50 for your margin demand regardless of the currency pair.

    Meaning for pairs based in the AUD, NZD and the CHF, you are going to be paying a greater than normal margin demand, but for pairs based in the EUR and GBP, you are going to be paying less than the standard margin requirement.

    If you consider it, with a mini account, you're almost getting 400:1 leverage on the GBP based pairs.

    To reply to your question, DI do not know of any other broker that does this.

    Quote Originally Posted by ;
    Where did you get this info? Are you sure this info is correct for interbank?

  3. #3
    Jes wayne, I did my research..dont you trust me!!

    Of course my article was right! Da!

  4. #4
    LOL.. .it was not about hope, my buddy, I just thought maybe I was hallucinating. . .had to ask myself to make sure it was not a language issue. . .sometimes, my English is very bad.

    Quote Originally Posted by ;
    Jes wayne, I really did my research..dont you hope me!!

    Of course my article was correct! Da!

  5. #5
    Quote Originally Posted by ;
    I just spoke with InterbankFX. . .they have confirmed this.

    On a standard account in 100:1 leverage, every standard lot is $1000 for your margin requirement regardless of the currency pair.

    On a mini account in 200:1 leverage, every mini lot is $50 for your margin requirement regardless of the currency pair.

    That means for pairs based from the AUD, NZD and the CHF, you are going to be paying a higher than normal margin requirement, however for pairs based from the EUR and GBP, you are going to be paying less than the standard margin requirement.

    If you think about it, using a mini account, you're almost getting 400:1 leverage over the GBP established pairs.

    To reply to your question, D, I don't know of any other broker that does this.
    To reply to your question, FXCM is just another broker that does the same.

    When you have a 200:1 leverage account, for any currency pairs, the margin required is simply $50 per $10K lot. Leverage of 50:1 (wherein you earn swaps), the margin is currently $200 a $10K lot.

  6. #6
    Where did you get this information? Are you sure this information is right for interbank?

    Quote Originally Posted by ;
    MT4 brokers only

    Interbank STD accounts are excellent for major margin calculations.

    They calculate margin such as this for each Micro lot in STD account like this

    EURUSD is 0.01 * 1000 = $10.00

    GBPUSD is 0.01 * 1000 = $10.00

    USDCHF is 0.01 * 1000 = $10.00

    AUDUSD is 0.01 * 1000 = $10.00

    Margin is corrected for hedging. In case you've got three trades of the EURUSD, state 2 buys and 1 market, the margin would be $20.00 ( Thats 0.01 traded) rather than $30.00.

    Other brokers Velocity4x, FXDD, UGM calculate margin such as this for micro lot in STD
    EURUSD is 0.01 * 1000 * 1.314 = $13.14

    GBPUSD is 0.01 * 1000 * 1.926 = 19.26

    USDCHF is 0.01 * 1000 * 1 = 10.00

    AUDUSD is 0.01 * 1000 * 0.77 = $7.70

    FXDD and UGM allow margin to be corrected for hedging, Velocity4x doesn't ( ie $30 margin for three trades as described previously ).



    QUESTION: Are the other MT4 brokers out there which calculate margin for those majors the same manner Interbankfx does?

    Why I ask this is that Interbankfx isn't the very best in other regions.

    Please advise...

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners. Read more.