# Definitions and Calculations

- What is Tiered Margin and how do I calculate the margin required on my MT5 account?
- How do I calculate the margin required on Rolling Indices on my MT5 account?
- How do I calculate the margin required on Commodities on my MT5 account?
- How do I calculate the margin required on FX pairs on my MT5 account?
- What is the difference between a pip and a point?
- What is the swap?
- Swaps and Rollover?
- How do swaps work?
- What is the balance?
- What is Equity?
- What is a pip?
- What is the pip value?
- What is the spread?
- What is required margin?
- What is free margin?
- What is the margin level percentage?
- What is a margin call?
- What is the stop out level at FXPesa?
- What is leverage?