clarify this for me please
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Thread: clarify this for me please

  1. #1
    So I have $500 deposited in my live account with oanda and set to 1:50 leverage. I opened a short position on AUD/USD at 0.7657. I utilized 2500 lots (.25 cents/pip). I put my stop at 0.7697, 40 pips above that implies that if I lose this trade, I will lose 10 bucks, which will be 2% of my equity.

    However, I would like to know the account indies that I used 38.18 of their margin leaving 466.78. I simply don't know that. I thought that this trade is only going to utilize 0.50 cents of my equity to open (2 pip spread on aud/usd). Can someone clarify this for me?!?!?!!?!

  2. #2
    The Oanda margin explanation is loed here:

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