Forex Used Margin - What is Used Margin in Forex?

What's Used Margin? : amount of money in your account which has already been used up when buying a forex trade order, this forex order is the one that is displayed in open trades. As a trader you can't use this amount of money after opening a trade because you have already used it in another trade and it is not available to you.

In other words, because your forex broker has opened up a position for you using the capital you've borrowed, you must maintain this usable margin for your trading account as a security to allow you to continue using this leverage that the broker has given to you.

Example of Used Margin is Calculated in MT4 Platform

The forex margin examples on MetaTrader 4 forex Platform below, the set leverage is 100:1, the forex margin which is 1% is $2683.07, therefore the total amount controlled by the trader is: $268,307 - this is because with this leverage the trader has used little of his money & borrowed the rest, with this set at 100:1, the FX trader is using 1 % of their capital, this 1% is equal to $2683.07, if 1% is equivalent to $2683.07 then 100% is $268,307

Used Margin in Forex Trading Example Explained - What is Used Margin in Trading? - What Does Used Forex Margin Mean?