Will my margin requirement be lowered should I attempt to hedge with similar products? - FXCM Support

Will my margin requirement be lowered should I attempt to hedge with similar products?

No. Due to the imperfect nature of hedging, hedging with different assets is still prone to considerable risk, and hence does not figure into margin calculations.
 
Please be advised that trading on margin carries a significant risk of loss and is not suitable for all investors.