Invalid leverage/margin calculation

[imphocused]

Is it possible to adjust how the leverage is calculated? On this broker (Dominion Markets, MT5) the calculations for crypto are off.

[EarnForex]

Hello imphocused!

The problem here is that the symbol's calculation mode is reported as SYMBOL_CALC_MODE_FOREX_NO_LEVERAGE, while in reality it looks more like SYMBOL_CALC_MODE_CFD is used.

In SYMBOL_CALC_MODE_FOREX_NO_LEVERAGE, margin is calculated as Lots * Contract_Size * Margin_Rate. The price of the symbol isn't taken into account or is taken care of by the Margin_Rate (reported by the broker's server).

In SYMBOL_CALC_MODE_CFD, margin is calculated as Lots * ContractSize * MarketPrice * Margin_Rate. This would yield a correct result here.

So, the broker should either fix the reported SYMBOL_TRADE_CALC_MODE or Margin_Rate on its server.

[imphocused]

Hello,

Thank you for taking a look. I appreciate the feedback. I've relayed this to the broker support team, and even with screenshots there is some confusion on what I was talking about, so they may not be able/willing to resolve.

In any case, to help me better understand, I may be confused about the specification calculation. You mentioned:

"In SYMBOL_CALC_MODE_FOREX_NO_LEVERAGE, margin is calculated as Lots * Contract_Size * Margin_Rate. The price of the symbol isn't taken into account or is taken care of by the Margin_Rate (reported by the broker's server)."

On the MT5 page:

Forex:
The margin for the Forex instruments is calculated by the following formula:
Volume in lots * Contract size / Leverage

Forex No Leverage:
This type of calculation is also used for Forex symbols. But unlike the previous one, it does not take into account the trader's leverage:
Volume in lots * Contract size

If the script is detecting the symbol as 'No Leverage', then by default shouldn't the leverage be displayed as (1:1), instead of (1:<current ask price>)? In the original screenshot, the ask price of BTC at the time was 21362.300

[EarnForex]

Hello!

Here is what the MQL5 help file says about SYMBOL_CALC_MODE_FOREX_NO_LEVERAGE:

And indeed, if you open a trade of 1 lot, then you'll see that it takes 1/10 of margin, which is consistent with 0.1 Margin Rate application.

So, in reality, even though it says "Forex No Leverage", it would be 1:10 real leverage.

[EarnForex]

Doesn't look like a Position Sizer issue at this time.