What is margin stop out?
In forex trading, a Stop Out Level is when your Margin Level falls to a specific percentage (%) level in which one or all of your open positions are closed automatically (“liquidated”) by your broker. This liquidation happens because the trading account can no longer support the open positions due to a lack of margin.
Trade xn our margin call
/ stop out levels are – 100/5%. Your account may be subject to a margin call if
your account equity falls to a level that is equal to the margin of your
existing positions. For example, you have an open position of 1 lot on EURUSD.
The margin to hold that position is 200 USD.
When you opened the account, you had 400 USD equity on your
account. When the position starts to move against you and your account equity
falls to 200 USD, you will have a margin call. But your position will not be
closed yet. When your account equity falls to 5% of the required margin, then
the system starts to close your positions immediately.
Taking the above example, if you open a position with 200
USD of margin and your account equity falls to 20 USD, then the system starts
to close your position. If you have several positions opened, then the system
closes them starting from the one with the biggest loss.
If, while closing the positions, your account equity reaches a level of more than 5% of the required margin, all other positions will remain open.
Deposit and
withdrawals
Tradexn you can make a deposit inside your Client Area using any funding option that suits you best.
Minimum Deposit
Log in to your Client Area and fill in the respective withdrawal form. There are no fees on withdrawals.
Order execution speed
Our average execution trade xn speed is around 200 milliseconds.
Do I get any requites
TradeXN is one of the few STP brokers that doesn’t have any requotes.
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