Margin Watcher
All account information is updated on a tick-by-tick basis giving traders a complete view of their account activity. The most lenient margin requirement is .5% on both standard and mini accounts. Traders have the ability to select the degree of leverage they wish to use. Margin requirements are fixed for both intra-day trading and for positions held overnight.*
Based on each trader's margin requirement, the FX Trading Station will calculate in real time both the funds needed to maintain current positions (Used Margin) and the funds available for available for taking new positions (Usable margin). If the equity in the account drops below the margin required to maintain the open positions, a margin call will occur and some or all open positions will be closed by the dealing desk at the market price. This provides protection against accounts falling below the account equity, particularly in volatile, or fast moving markets.
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