Forex Margin Requirements

Leverage your margin to your advantage.

CitiFX Pro provides you with the ability to leverage your margin deposit for a greater market effect. Each currency pair has an allocated margin requirement, as shown here.

Any position you take through CitiFX Pro is subject to the following margin requirements:

The face value of the position multiplied by the margin factor for the
       specific currency pair, converted to the base currency of your account.
Customers of CitiFX Pro need to ensure that they have sufficient
       available margin to cover the margin requirements of their trades.
       Your available margin will be reduced if you hold a losing position
       (whether the loss is realized or not).
It is your responsibility to ensure that you have sufficient margin to your
       credit. If not, you will be subject to a margin call and will either need to
       deposit more funds to cover your positions or close or reduce
       positions. Normally you will be notified through our trading
       platform and via e-mail.
If your margin situation is not remedied, we may close positions on your
       behalf. Please consider the time required to transfer funds from your
       bank account to your margin account—in many cases the best course
       of action may be to reduce your position to ensure that you meet 
       your margin requirements.

Margin used for orders

When you enter an order into the CitiFX Pro system, it will check your margin availability (using the information current at the time of order entry). If the execution of the trade would result in you having insufficient margin to support your positions, the order will be rejected at the point of entry.

When an order level is reached, the CitiFX Pro system automatically checks your margin availability again (using the information current at the time of the order level being reached) to ensure that you have sufficient available margin to execute the trade. If the execution of the trade would result in you having insufficient margin to support your positions, the order will not be filled and will be cancelled in the system.

Please note that closing an existing trade will reduce your margin utilization, thereby increasing your margin availability. Opening a new position will increase your margin utilization, thereby decreasing your margin availability.