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OEC API > API Support > In FX, do margins for currency pairs exist?
Author Topic: In FX, do margins for currency pairs exist?
(3 messages, Page 1 of 1)
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CWeber984
Posts: 226
Joined: Apr 24, 2012


Posted: Feb 21, 2017 @ 11:20 PM             Msg. 1 of 3
In OEC Trader, all the margins for FX currency pairs have 0.0 Initial and Maintenance Margin. I thought FX currency pairs had margin. Am I looking in the wrong place?

In Futures we use margin to calculate Return on Margin and also to notify the trader how much money they have left to trade.

If FX doesn't currently have margin available, is it something that could be supported in the api in the future?

Thanks,
CHW
CMicciche902
Posts: 348
Joined:


Posted: Feb 23, 2017 @ 05:57 PM             Msg. 2 of 3
We do not offer real-time margin calculation for FX account via our API.

We do offer a Pip/Margin Calculator in several locations to assist with knowing what Required Margins are for open positions. Clients can access in OEC Trader via the Reports > Forex Reports menu, via My account https://myaccount.gainfutures.com, or at https://www.forex.com/en-us/support/margin-pip-calculator. Adjust the contract size to Mini or 10,000. A 1 lot order in our API equates to 10,000 trade size.

We are looking to see if we can offer margin information in the future. Until this is added, clients may utilize Forex Trader PRO to see real-time margin information.
Chris M
CWeber984
Posts: 226
Joined: Apr 24, 2012


Posted: Feb 23, 2017 @ 08:26 PM             Msg. 3 of 3
Thanks for the info. We appreciate that you are researching adding it into the api directly in the future.
CHW