What is Margin on MetaTrader 4 Platform?

Examples of what is margin on the MT4 software & explanation of Oil Trading Margin, Oil Trading Margin Required, Oil Equity, Oil Used Oil Margin and Crude Oil Free margin.

Oil Trading Margin, Margin Required, Equity, Used Oil Margin & Free margin

What is Margin Required? : It is amount of money your oil broker requires from you to open a position. It is expressed in percentages.

What's Equity? : It is total amount of capital you have in your crude oil account.

What is Used Oil Margin? : amount of money in your trading account that has already been used up when buying a oil lot, this contract is the one that is displayed in open positions. As a trader you can not use this amount of money after opening a trade order transaction because you've already used it & it isn't available to you.

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

What's Free Oil Margin? : amount in your trading account which you can use to open new trade positions. This is amount of money in your account that hasn't yet been oil leveraged because you've not yet opened a trade with this money - this money also is very important for you as a trader because it enables you to continue holding your open trades as will be explained below.

Examples of What's Crude Oil Trading Margin in MetaTrader 4 Software

The oil margin example on MT4 oil Platform below, the set oil trading leverage is 100 : 1, the oil 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 trader is using 1 % of their oil capital, this 1% is equivalent to $2683.07, if 1 % is equal to $2683.07 then 100% is $268,307

How to Get Oil Trading Margin in MetaTrader 4 Software Platform