? about forex

You have us input amount. Is this number in US $ or one of the currencies listed.?[LINKSYSTEM_50596177]

Units are minilots (10,000 currency units).



Thus, entering BUY TO OPEN 3 EURUSD means "Buy 30,000 Euros using US Dollars."

Ok so if I buy 3 gbpnzd I am buying 30000 pounds with NZD. How much does that count against my margin used in $$?



[LINKSYSTEM_50596177]

In the C2 Model Account we allow 33:1 leverage, which means you have to "put up collateral" worth 3% of the position. Your account is denominated in US Dollars, so the margin requirement would be 3% of the position, as converted first to dollar value.