how to calculate “used margin” and “usable margin” in forex?

Question by aishah a: how to calculate “used margin” and “usable margin” in forex?
i plan to open up a mini account. need some advice here. btw, what will happend if i placed an order through the internet but the price at the counter changed? the internet connection in my area is slow and not responsive.

Best answer:

Answer by Pure Star
You must have a fast speed computer to be able to receive the market rates in real time. This is very very important. Do not try to deal with a slow computer you will lose your money very fast. When opening a position the rate you confirm at is the price it goes through as. If you hesitate to confirm the price changes continuously. In a mini account a parcel of 10 uses $ 50 used margin. The balance of your account is the usable margin.

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