Are the margin rates the same for all instruments?
No. MarginThe required collateral to open and maintain a leveraged position. rates vary depending on a number of factors, including the regulatory requirements for each instrument. Refer to our website for the current margin rates for each instrument.
How is margin needed to place a trade calculated?
Margin needed = Margin_Rate * TradeThe actual execution of buying or selling an asset, resulting in a completed transaction._Quantity * Instrument_To_Home_Ccy Conversion rate
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For v20 and v20 MT4 sub-accounts, we use the current mid-price for the Home/Instrument currency pair, e.g. GBPUSD for a EURUSD trade in a GBP denominated account.
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For OANDA One sub-accounts, we use the Top of Book sided (ask for buy deals; bid for sell deals) price at time of order execution for the Home/Instrument currency pair, e.g. GBPUSD for a EURUSD trade in a GBP denominated account.
Refer to margin calculations on OANDA platforms.
How do I know how much margin is needed?
OANDA platforms (v20 and v20 MT4 sub-accounts)
When you enter your order requirements, the order ticket on our platforms clearly shows the margin needed to place that specific order.
In the following example, as per the order ticket on the OANDA web platform, the margin needed to place a 1000 units trade of AUD/CAD is 25.37 GBP on a GBP sub-account.
OANDA platforms (OANDA One sub-account)
OANDA One sub-accounts on the OANDA mobile app do not provide the margin needed information in the order ticket. For information about calculating margin, you should refer to the “How do I know how much margin is needed?” section.
Third-party platforms
TradingView order tickets provide the margin needed to place a trade for v20 sub-accounts, but it's an approximation. This is because TradingView calculates this value using sided prices (bid/ask), whereas OANDA platforms use mid prices. In this instance, the OANDA platform should be referred to as the system of record.
MetaTrader order tickets do not provide margin needed calculations.