The margin requirement for Soft Commodities can be calculated using the following formula:
Required Margin = Number of Lots * Contract Size (which varies for each commodity) * Market Price ÷ Leverage
To find the specific contract size, please right-click on the MT4/MT5 quote display and check the "Specifications" column. The leverage for all soft commodities is set at 50x.
Example: Let's say you are trading 1 lot of cocoa with a market price of 3080 USD and a contract size of 20.
Margin requirement = 1 * 20 * 3080 ÷ 50 = 1,232 USD