How much margin do I need to trade 1 lot of gold?

At a $2,400 gold price one standard lot is $240,000 notional: about $12,000 margin at 1:20, $2,400 at 1:100 and $480 at 1:500.

What leverage is allowed on gold in the UK?

FCA and ESMA rules cap retail leverage on gold at 1:20. Professional and offshore accounts can access more, which increases stop-out risk rather than edge.

Is margin the same as risk on gold?

No. Margin is the broker's deposit requirement. Your risk is the stop distance multiplied by ounces controlled.

How do I avoid a margin call on XAUUSD?

Keep gold margin under a quarter of the balance, avoid stacking correlated XAU pairs, and stay flat through the rollover and major US data.

Gold Margin Calculator for XAUUSD Leverage

At a 2,400 dollar gold price, one standard 100-ounce lot is 240,000 dollars of notional metal. That requires roughly 12,000 dollars of margin at 1:20 FCA retail leverage, 2,400 dollars at 1:100 and 480 dollars at 1:500.

Margin is the deposit the broker holds, not your risk. Risk is the stop distance multiplied by ounces. Keep total gold margin well under a quarter of the balance and avoid stacking correlated XAU pairs at full size.