Usable Margin refers to the funds you have available to open NEW trades. It is calculated as follows:
- Equity – Used Margin = Usable Margin
As both Equity and Used Margin are floating, it means this is a floating calculation. Provided the client has open trades, the Usable Margin will change dependent on the clients floating P/L, the price of the instrument held as an open position, premium/swap charges etc.
Please refer to the Trading Conditions & charges page for more information.