Margin level and stop-out
The margin level shows how much room your equity has against the positions you hold. Below 30%, a stop-out is executed.
The calculation
Margin level is equity divided by required margin, times 100. Equity is your balance plus open profit and loss, so a growing loss lowers the level.
At 30% the largest losing positions are closed first, until the level recovers.
Below 30%
Open positions are closed, starting with the largest loss, until the level recovers.
Two ways to raise it
Deposit more, which raises equity, or close part of the position, which lowers required margin. Waiting for the market to come back is not a third option.
When it cannot keep up
If price gaps, the fill can land far past the stop-out level. Where the loss exceeds the balance, zero cut covers the shortfall.
This page explains our trading conditions and is not a recommendation to trade. Margin trading carries the risk of losing your invested capital.
Getting started is simple
Opening an account is free and the application is completed online in 3 to 5 minutes.
Foreign exchange trading carries the risk of losing your invested capital, and higher leverage increases that risk. Please consider the risks carefully and trade only within a range of loss you can bear.
Past performance neither indicates nor guarantees future results.
This website is not directed at residents of Japan. AXIA PHOENIX FINE PROJECT does not provide services to residents of certain jurisdictions, including the United States, Afghanistan, Belarus, Burma, the Central African Republic, Congo, Cuba, Egypt, Guinea, Iraq, Iran, Lebanon, Libya, Mauritius, North Korea, Pakistan, Somalia, Sudan, Syria, Venezuela, Yemen and Zimbabwe.