While getting into forex trading, you need a clear idea about the concept of margin and margin calculations. It is crucial in planning and managing your trades. Beginners might be a bit intimidated and overwhelmed by the complex calculation process. Thankfully, there is a simple yet powerful tool called fx margin calculator to help you. But how can you use an Fx margin calculator in trading? Why is it relevant? Keep reading to get some valuable insights.
What is the forex margin?
Margin is simply the amount of trading capital needed to place a trade, and free margin is the balance left in your account after placing trades. While placing trades, you need to maintain the margin level stated by your broker, and an Fx margin calculator can be used to estimate the same. Here More