--- title: "Margin Calculator: Forex, Gold & Leverage - Get Funded Now" description: "Forex and gold margin calculator: the margin a position needs at any leverage, its notional value and the largest size your balance supports." url: "https://getfundednow.com/tools/margin-calculator" language: "en" last_modified: "2026-09-22" publisher: "Get Funded Now (getfundednow.com)" translations: es: "https://getfundednow.com/es/tools/margin-calculator" pt-BR: "https://getfundednow.com/pt-br/tools/margin-calculator" fr: "https://getfundednow.com/fr/tools/margin-calculator" it: "https://getfundednow.com/it/tools/margin-calculator" de: "https://getfundednow.com/de/tools/margin-calculator" disclosure: "All trading at Get Funded Now is simulated. 'Funded' means a simulated or virtual account; GFN is not a broker and does not hold client funds." --- Free trading tool # Margin calculator: what a position ties up. Pick an instrument, a lot size and your leverage, and this works out the position's notional value, the margin it needs and the largest size your balance supports. It defaults to GFN's up to 1:50 leverage, which can be lower on some instruments. [Start your challenge →](https://getfundednow.com/challenges) · [Try the lot size calculator](https://getfundednow.com/tools/position-size-calculator) Instrument EUR/USD Lot size Current price Leverage 1: Account balance $ Leverage on an individual instrument can be lower than the account maximum - metals and indices often are. Enter the figure your account shows for the instrument. 1 lots of EUR/USD at 1:50: $2,160.00 margin on $108,000 notional, 2.2% of the balance. Required margin $2,160.00 2.2% of $100,000 Notional value: $108,000 Largest position the balance supports 46.29 lots If the whole balance were used as margin - the risk limits bind long before this How it works ## The formula behind the numbers. Margin is the part of your balance a position ties up. It is the notional value divided by the leverage. **Notional** = lots × contract size × price when the dollar is the quote currency (EUR/USD, gold), or lots × contract size when it is the base (USD/JPY, USD/CAD). **Required margin** = notional ÷ leverage. **Largest position** = balance × leverage ÷ notional of one lot. **Worked example.** One lot of EUR/USD at 1.08000 is 100,000 × 1.08 = $108,000 of notional. At 1:50 that needs $108,000 ÷ 50 = $2,160. Two lots of USD/JPY are $200,000 whatever the yen rate, so $4,000 of margin. A $100,000 balance supports up to 46.29 lots of EUR/USD at that leverage. Margin tells you whether a position can be opened, not whether it should be. At 46 lots of EUR/USD a one-pip move is worth about $460, and the $5,000 daily loss limit on a $100,000 1 Step would go in 11 pips. The rules behind the maths ## Where this meets a GFN account. Leverage is up to 1:50 on every GFN programme and can be lower on individual instruments. It sets how much margin a position needs; it does not change the daily loss limit or the drawdown. - [Leverage Rules Explained](https://getfundednow.com/rules/leverage) - What leverage do I get? - [Margin and Lot Size Rules](https://getfundednow.com/rules/margin-and-lot-size) - Is there a maximum lot size? - [Daily Loss Limit Rules](https://getfundednow.com/rules/daily-loss-limit) - What is the daily loss limit? - [$100,000 1 Step account](https://getfundednow.com/challenges/1-step/100k) - Every objective of the account, in dollars. - [Position and lot size calculator](https://getfundednow.com/tools/position-size-calculator) - Size to your risk, not your margin. - [Pip value calculator](https://getfundednow.com/tools/pip-value-calculator) - What one pip is worth per lot. Common questions ## Margin and leverage, answered. Required margin = notional value ÷ leverage. Notional is lots × contract size × price when the dollar is the quote currency, and simply lots × contract size when the dollar is the base currency. One lot of EUR/USD at 1.0800 is $108,000 of notional; at 1:50 it needs $2,160 of margin. Up to 1:50 on Instant, 1 Step and 2 Step, and it can be lower on individual instruments. Check the live figure for an instrument on your account before sizing against it. Leverage sets how large a position your margin supports, not how much you lose on a move - that is set by the position size. On a prop firm account the daily loss limit and drawdown bind long before margin runs out, and leverage does not change either of them. One lot of XAU/USD is 100 troy ounces, so at $3,500 an ounce it is $350,000 of notional. At 1:50 that is $7,000 of margin per lot; metals often carry lower leverage than forex, which raises the figure. Ready when you are ## Your capital stays yours. The risk is ours. One evaluation fee, no time limits and up to 90% of simulated profits. Pick an account size and your credentials arrive by email within minutes. [Start your challenge →](https://getfundednow.com/challenges) · [Read the rules](https://getfundednow.com/faq) No subscriptions or hidden fees Payouts every 14 days $400,000 max total allocation --- Source: https://getfundednow.com/tools/margin-calculator Facts about Get Funded Now in one file: https://getfundednow.com/llms.txt