How does gradual margin close out work?

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When your loss-making positions reach the point where you only have enough equity to cover 50% of your losses, our margin close-out process starts automatically to protect you from spiralling losses. Please note the automatic margin close-out process is a regulatory requirement, and cannot be deactivated.

The automatic close-out applies in the following order until your equity is above 50% of the margin requirement.*

1. All pending orders are closed.
2. All open positions with negative UPL (unrealised profit / loss) on open markets are closed.*
3. All remaining positions on open markets are closed.*
4. All remaining positions are closed as soon as the relevant markets open.

*Please note that not all markets are open at the same time, so a profitable trade may be closed before a losing one.

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