Exness Margin and Pip Calculator — Two Forms, Two Answers — South Africa

Same instrument, same lot size, two different numbers. This page is about which field is doing it, not about how to fill either form in.

Open Exness Account →

100+ instruments · Founded 2008

Two calculators that disagree about one trade are almost never both wrong. The difference has a shape — a whole multiple, a steady ratio, a gap that moves when one setting moves — and the shape names the field responsible before anything is opened. This page is a test of identity between two calculations rather than an instruction for using either of them.

Measured contract values for your calculations

Read live from Exness’s MT5 Raw+ feed — the contract size, tick value, lot limits and average daily range behind any margin, pip-value, stop-size or profit calculation:

Instrument	Contract size	Tick value (USD)	Min lot	Max lot	Avg daily range
EUR/USD	100,000	$1.00	0.01	200	47.9 pips
GBP/USD	100,000	$1.00	0.01	200	60.2 pips
AUD/USD	100,000	$1.00	0.01	200	41.6 pips
USD/CAD	100,000	$0.72	0.01	200	49.8 pips
USD/JPY	100,000	$0.63	0.01	300	155.7 pips

Tick value is the cash change per minimum price move, per standard lot; the 14-day average daily range helps you size stops and targets. Account stop-out levels (measured): margin call at 60%, stop-out at 0% — confirm the live values in your terminal.

Which field moves the number

Leverage divides the result: the same position needs less margin at a higher setting and carries the same exposure either way. A gap that closes when both forms are set to one leverage was a leverage gap and nothing else.
Account type decides what is added beside the spread, so two forms can agree on the margin a position needs and still disagree about what the same trade costs.
Account currency converts the answer at the very end. Two correct results separated by a steady ratio on every instrument are usually one result shown in two currencies.
Contract size scales it. A form working from a different contract size for the same instrument returns a proportionally different number and will never agree until that assumption is matched.
If no single field closes the gap, the two forms are not computing the same quantity: one may be reporting required margin where the other reports position value or the value of a single pip.

Same inputs, different answer — where to look first

What the gap looks like	Field to check	What confirms it
One answer is a whole multiple of the other	Contract size	The two forms name different contract sizes for that instrument
The ratio is the same on every instrument	Account currency	Setting both forms to one currency closes the gap exactly
The gap moves when a setting is changed in one form	Account leverage	Matching the leverage setting makes the two answers meet
Margin agrees but the cost of the trade does not	Account type	The forms are pricing one trade under different account terms
Nothing you change closes the gap	The quantity itself	One form is answering a different question from the other

Open Exness Account →

The gap has a shape

A disagreement between two forms is data. If one answer is exactly twice the other on every instrument tried, something is doubling, and only a scaling field can do that. If the ratio holds across instruments but is not a round number, a conversion is being applied at the end. If the gap shows up on one instrument and nowhere else, the assumption that differs is about that instrument rather than about the account.

Reading the shape first is faster than checking settings one at a time, because most of the fields cannot produce most of the shapes. A conversion cannot manufacture a whole multiple. A per-instrument assumption cannot produce a uniform ratio. By the time the shape has been named, at most two fields are still worth opening.

Same number, different question

The hardest case is the one where nothing is wrong. Required margin, the value of a position and the value of one pip are three quantities computed from overlapping inputs, and a form reporting one of them is not disagreeing with a form reporting another. Two answers can both be correct and still have nothing to compare.

The check is to ask what each number would be used for. A figure that decides whether an order can be opened is not the figure that says what a move is worth, and neither of them is the size of the position. When two forms label their output differently, the labels are the answer and no field is at fault.

When one field is enough

Once the shape points at a field, matching that field in both forms should close the gap completely rather than narrow it. A gap that only narrows means more than one field differs, and the process starts again on what is left. A gap that closes exactly confirms the diagnosis, and confirmation matters: a number that agrees for the wrong reason will disagree again on the next instrument.

The account is the reference throughout. Whatever a form assumes, the terms applied to an order are the ones displayed before it is confirmed, and a calculator that disagrees with that is describing a different account rather than doing different arithmetic.

Finding the field in four moves

Run both forms on a second instrument. A gap that keeps its shape is about the account; a gap that vanishes was about the first instrument.
Compare the ratio rather than the difference. Whole multiples point at scale, uneven but constant ratios point at conversion.
Change one setting in one form and watch whether the gap moves at all. A setting that does nothing is not the cause, whatever it happens to be set to.
Read the labels last. If no field closes the gap, the two outputs were never the same quantity.

A diagnosis counts as confirmed only when matching one field closes the gap exactly.

Frequently asked questions

Two calculators give different margin for the same trade — which is right?

Usually both, under different assumptions. Compare the shape of the gap first: a whole multiple points at contract size, a steady ratio at account currency, and a gap that moves with a setting at leverage.

Does a higher leverage setting change how much a position can lose?

No. It changes the margin the position requires, not the exposure it carries, so two settings that need different margin still leave the same amount at risk on the same trade.

What is one pip worth?

On most USD pairs a standard lot of 100,000 units moves about ten dollars per pip, and a 0.01 lot about ten cents. A form reporting something else for the same instrument is working from a different contract size.

Why do the answers differ by a constant ratio on every instrument?

That is the signature of a currency conversion applied at the end. Set both forms to one account currency and the answers should meet exactly.

Matching one field only narrowed the gap.

Then more than one field differs. A correct diagnosis closes the gap completely, so a partial close means the process should continue on what is left.

Can a calculator disagree with the platform itself?

It can, and when it does the calculator is describing a different account. The terms shown before an order is confirmed are the ones that apply to it.

Do required margin and position value ever match?

Only by coincidence. They are different quantities, and two forms reporting one each are not in disagreement at all.

Have an idea to make this calculator better? Share it with the team on Live Help →
Every suggestion is read — feedback helps improve these tools.