Margins and Lot Sizes

Margins allow you to place trades much larger in size than your investment. Margin levels range from 50:1 to 200:1, depending on your account type. Remember, however, that without proper risk management, this high degree of leverage can lead to large losses as well as gains. For example, with $300 you can take up to $60,000 in positions.All trades are executed in "lots" of a minimum size. Lot sizes are either 10,000 or 100,000 units of base currency, depending on account type. (Don't worry, this will be explained in detail later.)