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Margin Call Calculator

Calculate margin requirements, determine margin call thresholds, and analyze trading risk

Calculate Margin Requirements

Account Details

Amount of money deposited in broker account

Number of futures contracts to trade

Contract Specification

Required margin to open position

Minimum margin to maintain position

Trading Details

Dollar value per point movement

Margin Call Analysis

Current Account Status

Initial Deposit:$0
Profit/Loss:+$0
Current Deposit:$0

Margin Requirements

Total Initial Margin:$0
Total Maintenance Margin:$0

✅ NO MARGIN CALL

Your account balance is above the maintenance margin requirement.

Risk Analysis

Max Allowable Loss:$0
Max Point Change:0.00 points

Margin Call Formula

Current Deposit (CD) = Initial Deposit ± Profit/Loss

Margin Call Condition: CD < Total Maintenance Margin

Extra Cash Required = Total Initial Margin - Current Deposit

Max Allowable Loss = Initial Deposit - Total Maintenance Margin

Real-World Example

E-mini S&P 500 Example

Contract: E-mini S&P 500 (ES)

Initial Deposit: $26,000

Number of Contracts: 2

Initial Margin per Contract: $12,650

Maintenance Margin per Contract: $11,500

Point Value: $50 per point

Price Movement Scenario

Buying Price: 4747.75 points

Current Price: 4527.25 points

Loss: 220.5 points × $50 × 2 contracts = $22,050

Current Deposit: $26,000 - $22,050 = $3,950

Maintenance Margin Required: $11,500 × 2 = $23,000

Result: MARGIN CALL TRIGGERED

Extra Cash Required: $25,300 - $3,950 = $21,350

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Margin Trading Guidelines

1

Initial Margin

Minimum deposit required to open a position

Usually 3-12% of contract value

2

Maintenance Margin

Minimum balance to keep position open

Below this level triggers margin call

3

Margin Call

Broker demands additional funds

Must deposit up to initial margin level

What to Do on Margin Call

📈

Add more funds to your account

📉

Reduce position size by selling contracts

🔴

Close position entirely

🛡️

Use hedging strategies with options

⚠️ Risk Warning

Margin trading involves high risk and can result in losses exceeding your initial investment.

Futures trading is not suitable for all investors. Consider your financial situation carefully.

Always use proper risk management and never invest more than you can afford to lose.

Understanding Margin Calls

What is a Margin Call?

A margin call occurs when your account balance falls below the broker's required maintenance margin level. This happens when losses from your futures positions reduce your available equity below the minimum threshold needed to maintain your open positions.

How Margin Calls Work

  • Your broker monitors your account balance continuously
  • When balance drops below maintenance margin, they issue a margin call
  • You must deposit funds to restore balance to initial margin level
  • Failure to meet margin call may result in position liquidation

Key Formulas

Current Deposit = Initial Deposit ± P&L

Margin Call if: CD < Maintenance Margin

Extra Cash = Initial Margin - Current Deposit

Risk Management Tips

  • Maintain higher balances than minimum requirements
  • Set stop-loss orders to limit potential losses
  • Monitor positions frequently during volatile markets
  • Consider hedging strategies to reduce risk
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