Monaxa Margin: What a Calculation Needs
Required margin is position value divided by applied leverage. The part people get wrong is the second number: the headline 1:2000 is a ceiling, not the setting that will apply to the instrument being traded.
Open an FxPro account →Required margin is position value divided by the leverage that actually applies. Monaxa advertises up to 1:2000 on low-volatility instruments and states availability drops on volatile ones, so the headline figure is a ceiling rather than the applied setting. Contract size and applicable leverage are read in the instrument specification inside the terminal.
What a margin calculation needs as input
- What a margin calculation needs as input: the instrument, its contract size, the position size in lots, the current price, and the leverage that actually applies to that instrument
- Monaxa states leverage of up to 1:2000 on low-volatility instruments, and that availability drops on high-volatility ones — the ceiling and the applied figure are different numbers
- Contract size and the applicable leverage are read in the instrument specification inside MetaTrader 4 or MetaTrader 5, not from a third-party table
- Required margin = position value ÷ applied leverage; halving the leverage doubles the margin the position needs
- The 1:2000 ceiling and the $15 entry threshold are as published on monaxa.com and read on 15 September 2026
The currency an account is denominated in is read from the account itself: no base-currency options appeared on the broker's public pages when the broker's public pages were read on 15 September 2026. A deposit sent in ringgit and a balance held in another currency are two different numbers, and a conversion sits between them. Size the position on the balance that actually landed in the account, not on the figure that was sent.
The leverage input is the one to get right: the broker states up to 1:2000 on low-volatility instruments and that availability drops on volatile ones, so the applicable figure comes from the instrument specification rather than from the headline.
How leverage changes the margin required
The relationship is inverse and exact. At 1:200 a position worth $10,000 needs $50 of margin; at 1:100 the same position needs $100. Halving the leverage doubles the requirement, and nothing else in the calculation moves.
That is also why leverage is the number most worth getting right before opening anything. An error in the position size changes the answer proportionally; an error in the leverage changes it by a multiple.
Two standard definitions sit under this: margin and leverage. Neither is specific to this broker, and both are worth reading once before a first position.
Why the maximum leverage is not the applied leverage
Monaxa states leverage of up to 1:2000 on low-volatility instruments, with availability dropping on high-volatility ones. The word doing the work is up to. A calculation built on 1:2000 for an instrument that is capped lower will understate the margin needed, and the position will be larger than the deposit can carry.
The applicable figure is in the instrument specification inside MetaTrader 4 or MetaTrader 5, not in the marketing line. The 1:2000 ceiling is as published on monaxa.com and read on 15 September 2026.
The calculation, step by step, on your own figures
Four steps. One: read contract size for the instrument from its specification — for most currency pairs one lot is 100,000 units of the base currency. Two: multiply contract size by position size in lots and by the current price to get position value. Three: read the leverage that applies to that instrument. Four: divide position value by that leverage.
Worked through: 1 lot of a pair priced at 1.10 gives a position value of $110,000; at 1:200 the margin required is $550. Change only the leverage to 1:100 and it becomes $1,100. Every input in that chain comes from the terminal, not from this page.
What to check once the number is in front of you
Compare the margin required against the account balance, not against the deposit that was planned — and leave room, because a position sized to consume the entire balance has no tolerance for an adverse move. Add the overnight charge if the position will be held past the rollover; that side is on the swap page.
This is arithmetic, not a recommendation. Nothing here suggests a position size, and CFDs carry a high risk of losing money rapidly due to leverage.