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The margin calculation formula for forex instruments is the following:
(Lots * contract size / leverage) where the result is always in the primary currency of the symbol.
For STANDARD accounts all forex instruments have a contract size of 100 000 units. For MICRO accounts all forex instruments have a contract size of 1 000 units.
For instance, if the base currency for your trading account is USD, your leverage is 1:30 and you are trading 1 lot EURUSD, the margin will be calculated like this:
(1 * 100 000/30) = 3,333 Euros
Euro is the primary currency of the symbol EURUSD, and because your account is USD, the system automatically converts the 3,333 EUROS to USD at the actual rate.
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