Risk warning: Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Calculator

Margin is the deposit. Leverage is how thin you stretch it.

Required margin ≈ notional ÷ leverage. The table below holds the notional still and walks the same position through five retail tiers, including 1:1000. Rates are ECB reference mids via Frankfurter — not a live margin feed from a broker.

Open the calculator Read 1:1000 leverage
1:10
10% of notional as margin
1:100
1% of notional as margin
1:1000
0.1% of notional as margin
Formula · Margin
Margin = (lots × 100,000 × price) ÷ leverage
1:10
A 10% adverse move can exhaust full margin
1:50
A 2% adverse move can exhaust full margin
1:100
A 1% adverse move can exhaust full margin
1:1000
A 0.1% adverse move can exhaust full margin
Interactive

Margin across leverage tiers

Loading ECB mid…

Position size · Pip value · 1:1000 explained