Margin level (%) is calculated as follows: Equity / Margin X 100.
FxPro provides traders with Negative Balance Protection to ensure that clients cannot lose more than their overall investment.
Once the margin level of your account drops below 40%, we have the discretionary right to begin closing current open positions, partially or fully, starting from the one requiring the most margin. If the margin level of your account drops below 30%, all necessary open positions will be automatically closed, partially or fully, at the current market price, according to our Client agreement and Terms and Conditions.
For more information about cTrader Smart Stop Out logic please click here