What is notional value?Notional
The total value of the asset a position controls; for example, 1 lot of EUR/USD ≈ $108,500.
Learn “notional value” in an animated lesson
- CFDsCFD Leverage Doesn't Change Your Position
Leverage = position value ÷ required margin. For the same position, leverage only changes how much money you put up, not the P&L from price moves.
- CFDsRequired Margin and Position Size
Required margin = position value ÷ leverage. The bigger the position, the more margin is locked up, and the more you lose on the same move.
- Forex BasicsMajors, Crosses and Pip Value
How many dollars is a pip on USD/JPY worth? Where does the EUR/JPY rate come from? Learn to convert any pair's pip value into dollars.
- Forex BasicsWhat Is Leverage?
Use a "lever" to move a big position: at full leverage, a 1% price move can swing your margin by 100%.
- Forex BasicsMargin and Stop-Out
Drag the leverage and lot size to watch used margin, free margin, the margin call warning and the line that triggers a stop-out.
- Futures BasicsContract Specs: Multiplier and Tick Size
How much of the underlying is in one futures contract? How much is one price tick worth? Read the contract specs to get your P&L right.
Related terms
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