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 spiraling losses. Please note the automatic margin close-out process is a regulatory requirement, and cannot be deactivated.
The process is as follows:
- All pending orders are canceled following FIFO logic (earliest created orders are canceled first): until equity/margin ratio is 75%.
- Open positions are sorted by creation timestamp (oldest first).
- Before closing each position, the final result is calculated to determine how much of the position needs to be closed.
- Positions on markets which are closed in the moment of close-out will be skipped until market is open
- A position may be partially closed if that is sufficient to restore the ratio to 75%.