JABWorks (December 31, 1969 at 6:59 pm)

Margins are a scam , FOREX brokers use to prevent traders from riding out a negative movement , against their position ..For example with a $1000 live account , without the imposed "margin" stop , you would have a 100pip leverage to ride out a negative movement against your position ( based on a 1 lot bid ) . You should have a 50pip leverage for a $500 account , not a mere 15pips . 15pips will heavily constrain your capacity to trade , it's pathetic really

traderbill1 (December 31, 1969 at 6:59 pm)

The calculator is great! Thanks so much for sharing!