What's Gold Trading Margin Level Meaning in MT5?
Examples of what is gold margin on the MT5 software and What's XAUUSD Margin, What is Required XAUUSD Margin, What's Gold Equity, What's Used XAUUSD Margin & What is Free XAUUSD margin.
Gold Margin, Required XAUUSD Margin, Equity, Used Gold Margin & Free XAUUSD Margin
What is Required XAUUSD Margin? : Required XAUUSD Margin is the amount of money your gold broker requires from you to open a gold trade position. It is expressed in percent.
What is Gold Equity? : XAUUSD Equity is the total amount of capital you've in your xauusd trading account.
What's Used XAUUSD Margin? : Used XAUUSD Margin is the amount of money in your xauusd trading account that has already been used up when buying a gold contract, this gold contract is the one that is displayed in open gold trade positions. As a trader you can not use this amount of money after opening a gold trade because you have already used it & it is not available to you to open another gold trade with.
In other words, because your gold broker has opened up a gold position for you using the capital you have borrowed, you must maintain this used trading margin as a security to allow you to continue using the xauusd leverage the broker has given you.
What is XAUUSD Free Gold Trading Margin? : XAUUSD Free Gold Trading Margin is the amount in your xauusd account which you can use to open new gold trade positions. Free Gold Margin is the amount of money in your xauusd account which hasn't yet been leveraged because you have not yet opened a gold trade transaction with this money - this Free Gold Trading Margin is also very important for you as a trader because it enables you as a trader to continue holding your open xauusd trades as will be described below.
Example of What is Gold Margin in MT5 Software
The gold margin example on MT5 below, the set gold trading leverage ratio is 100:1, the gold 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 their own money and borrowed the rest from gold broker, with this gold leverage set at 100:1, the trader is using 1% of their gold capital, this 1% is $2683.07 - if 1% is $2683.07 then 100% is $268,307
MT5 Gold Leverage Margin Calculator - What's Gold Trading Margin Level Meaning in MT5? - XAUUSD MT5 Margin Calculation
Free Gold Margin - $13,433.48
Free XAUUSD Margin which can be used by a trader to open new xauusd trades in MetaTrader 5 as shown on the xauusd trading example above.
Used Gold Margin - $2683.07
XAUUSD Margin which has already been used by the trader to open xauusd trades in MT5 platform as shown on the xauusd trading example above.
To Know More about XAUUSD Leverage & XAUUSD Margin - Read the Learn Gold Topics Below:
What is XAUUSD Margin Level in MT5 Explained