To know how much funds you need to open a trade, you can use the Trading Calculator on our website.
Choose the account type, trading tool, lot size, currency of your account, and leverage.
![1.bmp](https://eu-images.contentstack.com/v3/assets/blt73dfd92ee49f59a6/blt4002386865f1f4f4/65d62ab3d39c75040783fc2e/1.bmp)
Click on “Calculate,” and in the table below, you will see the needed margin (the amount of funds you need to open an order).
![2.bmp](https://eu-images.contentstack.com/v3/assets/blt73dfd92ee49f59a6/blt7c303aba1d3deb9f/65d62ab3824e3d040a6566d2/2.bmp)
In a Standard account with EURUSD currency pair, 0.1 lot, and leverage of 1:3000, you'd need approximately $3.57 to open this order.
Where:
Trading tool - is the trading instrument that you are going to trade;
Lot size - is the volume of your order, how much you are going to trade;
Currency - is the currency of your trading account (EUR or USD);
Leverage - is the current leverage of your account;
Ask price - is the approximate Ask price for this currency pair at the moment;
Bid Price - is the approximate Bid price for this currency pair at the moment;
Contract size - is the size of the contract of the particular trading instrument you’ve selected, changes according to the chosen lot size;
Point value - shows the cost of one point for this currency pair;
Spread - is the amount of the commission you pay to your broker for this particular order;
Swap long - is the interest rate that will be applied to your trade if you open a buy order and keep the position overnight;
Swap short - is the interest rate that will be applied to your sell order if you hold it overnight;
Margin - is the minimum amount you need to have in your account to open the particular order.