When will my positions be closed?
Standard trading accounts will be triggered for position closure when your equity drops beneath 50% of your margin requirement.
There are typically four scenarios in which your positions will get automatically closed. However, we can’t always apply this protection and you shouldn’t rely on us doing so.
- If your equity drops beneath 50% of your margin requirement
- If you remain on margin call constantly for 24 hours
- If you are on margin call during periods of increased volatility, or periods when we anticipate increased volatility
- If you are on margin call going into the weekend. We’ll try to avoid having any accounts on margin call going into the weekend. So if your equity is below 100% of your margin requirement, your positions will be at an increased risk of being closed on a Friday evening.
Our margin requirements are subject to change. If they increase on one or more of your positions then your current equity may not be enough to keep positions open.
Finally, it is important to remember that we could close you out at any time when you are on margin call. It is your responsibility to have enough funds on your account to fully cover the margin requirement of your open positions.