Hello, I am trying to understand exactly how margin in a Forex account works. The information provided by the different brokers/dealers is vague at best. I believe I can sum up my confusion in one question: Is margin calculated per position or for the entire account? An example: Assuming I have $10,000 in an account with 1:100 leverage. I then buy one lot at $100,000. Does this now mean that I am using only a 1:10 leverage and can lose the entire $10,000? Now assume I am trading on a different pair, and opening another $100,000 position. Does this now mean that I am now at 1:20 leverage? so 1. If so, is it accurate to say that the more positions I open, I am riskins LESS of my money per position? 2. Dont I have an option to always use the maximum leverage, and risk only $1,000 per position? (without stop orders) Thanks in advance for any answer, or reference to one.