The Account Status (also referred to as Margin Indicator) on our platform can show you the amount of funds you have left in your account in percentages. Here are the formulas according to which it is calculated:
Account Status over 50% = Total funds / (Total funds + Blocked funds) x 100 [%]
Account Status under 50% = Total funds / Blocked funds x 50 [%]
- 100% to 50 % Status
This percentage range indicates that you still have available funds for opening new positions.
- Below 50% Status
Once your status drops below 50%, it will mean that you have used all of your free funds and you are no longer able to open new positions.
- 45% Status - Margin Call**
When your account status drops below 45%, we will send you an email notification with a “low margin” warning.*
- Below 25% - Negative Balance Protection
If your account status drops below 25%, the system will automatically start closing your positions, following their opening order, until your margin indicator goes back above 25%. This will prevent you from losing more than your deposited funds.
Here's an example of a Practice Mode account with open positions, showing 57% of account status, with approximately £237 Free Funds and £657.59 Blocked Funds.
You'll be able to view your account status either by clicking on the "status indicator" (if you're using our Web-based platform) or by tapping on your available funds at the top of your screen (if you're using our Mobile App.
*The warning notification is sent only once and will be valid until the margin goes above 60%.
**In case of extreme volatility and a sharp drop in your account status (margin %), the system might close your positions without sending a margin call to protect you from going into a negative balance.