FX Margin and Leverage

Lot size start at .01

Margin starts at 1%

Leverage up to 1:100

FX Margin example:
Examples of Margin Calculation

• On EURUSD for Contract size equal to EUR100, 000 the margin requirements for a client having the deposit currency USD under standard conditions ("Margin currency" field is filled out with "EUR") will be calculated as:

Margin = contract size * price * volume / leverage.

I.e. margin = 100000 * 1.2228 * 1 / 100 = USD1222.8,

where contract size = 100000, price = 1.2228 - EURUSD, volume = 1, leverage = 100, respectively.

• For using margin requirements having Contract size equal to USD100, 000 it is enough to specify USD as a value for the "Margin currency" field. At this, margin requirements will be calculated as:

Margin = contract size * volume / leverage.

I.e. margin = 100000 * 1 / 100 = USD1000

where contract size = 100000, volume = 1, leverage = 100, respectively.

"Margin currency" field value does not influence the profit calculations for a position. In both shown examples the profits are calculated for the contract size equal to EUR100, 000.

This margin facility allows you to potentially make large profits from a relatively small initial investment but it must be pointed out that any losses are equally multiplied.

Customers who hold FX positions may become liable to pay margin as detailed in our terms and conditions. All FX positions have an initial margin and you are required to keep this over and above any unrealized losses. Margin calls can be made at any time and it is therefore important for you to familiarize yourself with our terms and conditions.

 Margin Requiements

Customer shall provide to and maintain in with GIGFX Margin in such amounts and in such forms, and within such limits as GIGFX, in its sole discretion, may from time to time require. Margin requirements, including Initial (Opening) Margin and Maintenance Margin requirements, are at GIGFX discretion. GIGFX may change Margin requirements at any time. Customer agrees to maintain sufficient margin in Customer's account without notice from GIGFX. Provided, however, and notwithstanding any demand for additional Margin, GIGFX may at any time proceed to liquidate Customer's Account in accordance with Paragraph 12 below. Any failure by GIGFX to enforce its rights here under shall not be deemed a future waiver of such rights by GIGFX, and the Customer shall impute no liability to GIGFX whatsoever for losses resulting from such failure. No previous Margin requirement by GIGFX shall preclude GIGFX from increasing or decreasing that requirement without prior notice. GIGFX may call for additional Margin ("Margin Call") at any time Customer's Margin Balance falls below the GIGFX Maintenance Margin Level as applied to that Account and at any time GIGFX, in its sole discretion, believes that it is prudent to do so. GIGFX may at any time liquidate Customer's Account in accordance with Paragraph 12 below. Any Customer funds that represent Excess Margin Deposits shall be maintained in an escrow account at a top-tier financial institution selected by GIGFX in its sole discretion. GIGFX reserves the right to withdraw or transfer funds from the Customer's account without notice to ensure that posted Marked-to-Market Margin (defined as Margin plus or minus marked-to-market P/L) equals or exceed Required Margin on Opened Positions and/or to satisfy any payment obligation to GIGFX, including fees and charges in respect of Customer's Account. In the event that Customer directs GIGFX to sell any Margin, Collateral, Contract or other property and GIGFX is unable to deliver such Margin, Collateral, Contract or other property to a purchaser because Customer fails to deliver it to GIGFX, GIGFX may borrow or purchase any Margin, Collateral, Contract or property necessary to make such delivery, and Customer hereby agrees to guarantee and hold GIGFX harmless against any liability, claim, loss, damage, cost or expense, including attorneys' fees that GIGFX may sustain.