Notional Trade Value in Account Currency

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ascales
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Notional Trade Value in Account Currency

Postby ascales » 22 May 2020

Hi there,

The calculation for the trade notional amount is a simple one: contract size * price

Is there a simple way of calculating this in the account currency based on the current active symbol on the chart? For example a EUR/USD forex trade and an account denominated in CHF?

I need this in order to implement a pre-trade check based on the available to trade amount and margin requirements.

Thanks in advance.
A

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