On any trading platforms of FXPro, the Margin level % is calculated as follows:
Equity / Margin * 100
You can monitor the margin level in real-time, and it changes on every moment if you have open positions.
FXPro has set the margin call level to 25%, and that is where you get a warning on the trading platform to take immediate actions to avoid further losses and Stop Out.
In this time, FXPro will also have the discretionary right to begin closing current open positions, starting from the most unprofitable.
It is called a “Margin Call”, but you will not get any notifications to your email address or via phone call.
It is your responsibility to keep monitoring your account and positions and take care of them.
Stop Out – Liquidation
“Stop Out %” is one important number for all traders and FXPro has set the Stop Out to 20%.
If the “Margin Level %” in your trading account reaches to 20% one time, all existing open positions will be closed automatically in order to avoid further losses.
This action will be taken by the trading server of FXPro, and will be done momentarily.
Stop Out is also referred as “Liquidation”.
In case of FXPro, the broker has set the “Stop Out” to 20% and “Margin Call” to 25%, and there is only 5% of difference between them.
Your account could get Stop Out directly before you recognizing the Margin Call in this case.
Although FXPro has the NBP(Negative Balance Protection) set and the broker covers all exceeded losses, you may want to make sure that you have enough equity to support your open positions to avoid unwanted losses by the result.
For your information, you can check the current margin level of your account in the “Terminal” in case of MT4 as below.