I got message from the broker FXOpen, from that it seems that i need to watch 'Margin level' figure seen in MT4 (in my case it was 361%)
Once the margin level of your account drops below 25%, we have the discretionary right to begin closing current open positions (Margin Call), starting from the most unprofitable. If the margin level of your account is equal to, or drops below, 20%, all your open positions.
You will need always to ensure that your margin level ( you may see this % on your trading platform) does not drops below 25%.
Yes, the information from your broker makes sense and you should refer to it. In your case, margin call level can be considered alert but seems that the stop out when your trades will be closed automatically is 20%.
Bohdan73 posted: Yes, the information from your broker makes sense and you should refer to it. In your case, margin call level can be considered alert but seems that the stop out when your trades will be closed automatically is 20%.
@andromeda1 What are you trying to achieve with this topic? Are you looking for way to verify if your broker told you correct things? For sure better to ask their support first with such questions. Good luck in your next trades!
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.