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MT4, how it will look like when broker close my trades because low money?

andromeda1
Dec 09 2016 at 16:33
108 ieraksti
Hello, i want to ask when i need to expect my broker close my trades because of insufficient funds on my account.

In metatrader 4 i see:
Balance: 202.66, Equity: 192.52, Free margin: 139, Margin level: 361
(rough values, will not match as time was running during i written values)

When i watch above mentioned figures, how it will look like when the trades have to be closed?

Equity = zero?

Account leverage 1:20 , one trade 0.01 lot. If i remember correctly, broker said margin call 25%

Thank You

andromeda1
Dec 09 2016 at 19:51
108 ieraksti
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%.

Karel (Bohdan73)
Dec 12 2016 at 13:57
51 ieraksti
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%.

Trade with determination!
Ben (ben08in)
Dec 12 2016 at 14:30
47 ieraksti
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%.


Yes, this should be the case.

Trade fast, learn fast, never regret!
Carlos (CarlosMZ)
Dec 12 2016 at 15:26
55 ieraksti
@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!

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