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Brent Oil Margin Calculator (2026)

Calculate required margin collateral for any leveraged position. Pre-loaded for Brent crude oil, US dollars per barrel.

Prices update from live market feeds, but your broker's quotes, contract sizes and spreads can differ — check them before placing a trade.

Currency Pair

99.74loading live price…

Lot Size

Account Balance

USD

Leverage

* 10:1 is the FCA/ESMA retail maximum for commodities such as oil

Required Margin (USD)

$9,974.00

Notional value

$99,740

Leverage

10:1

Units

1,000

Hedge Scenario

Margin Call Distance

Free Margin

$26.00

Pips to Margin Call

3 pips

Pips to Stop-Out

501 pips

Assumes one open position. MC at ~100% margin level, stop-out at ~50%. Exact thresholds vary by broker.

Max Safe Position Size — $10,000 balance at 10:1

Profile	Max Lots	Margin Used	Notional
Conservative 10% of balance as margin · 1.0× effective · 90% of the balance stays free	0.10	$997 (10.0%)	$9,974
Moderate 25% of balance as margin · 2.5× effective · room for drawdown and a second trade	0.25	$2,494 (24.9%)	$24,935
Aggressive 50% of balance as margin · 5.0× effective · half the balance tied up as margin	0.50	$4,987 (49.9%)	$49,870

Click any row to apply. % = share of balance committed as margin. Remaining balance absorbs floating losses.

Formula: (contract size × lots × price) ÷ leverage. Margin is collateral — returned when position closes.

Brent Crude Oil at a glance

Pip Size

0.01

Pip Value (1 lot)

$10.00

Avg Spread

3–6 cents

Active Session

London, New York

Loading live rates…

Featured

Deriv

4.0

Open Account

Capital at risk · T&Cs apply

Quick Answer

Brent CFDs are usually quoted per 1,000-barrel lot: one pip ($0.01) is $10 per lot and a $1 move is $1,000. Check whether your broker uses 1,000, 100 or 10 barrels and set it in the calculator above.

Margin Calculator Formula

Margin = (Contract Size × Lots × Price × USD Rate) ÷ Leverage

Example (Brent Oil): 1 lot at 99.74 = $99,740 position; at 10:1 leverage: $99,740 ÷ 10 = $9,974

About Brent Oil — Brent crude oil, US dollars per barrel

Brent is the global crude benchmark used to price most of the world's oil, so it is more sensitive than WTI to Middle East and North Sea supply risk and to European demand. It normally trades a few dollars above WTI. Broker CFDs track the front-month ICE Brent future.

Other Calculators for Brent Oil

Brent Oil Pip Value Brent Oil Position Size Brent Oil P&L Brent Oil Risk/Reward

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