Moneta Markets may automatically close your open positions when your margin level reaches 20% or below. This process, called stop-out, reduces the margin used by your account when there is insufficient margin to maintain your positions.
How is my margin level calculated?
Margin Level = (Equity ÷ Used Margin) × 100%
- Equity: Your account balance and credit, plus or minus floating profit or loss.
- Used Margin: The margin currently required to maintain your open positions.
How do margin call and stop-out differ?
- Margin call, 50% or below: A warning that your margin level is low. Reaching this warning level does not itself automatically close positions.
- Stop-out, 20% or below: The automatic closure process may begin.
These levels are determined by your account’s trading conditions and cannot be changed on request. Check the trading conditions applicable to your account.
Which position closes first during stop-out?
The stop-out process starts with the position carrying the largest floating loss. Positions opened manually, by an Expert Advisor (EA) or through other supported trading methods can also be closed during stop-out.
Will all my positions be closed?
Not necessarily. After each position closes, your margin level is recalculated.
The process continues until:
- Your margin level rises above the stop-out level; or
- No open positions remain.
What price applies during a stop-out?
Positions close at the available market price when executed.
The closing price may differ from the price available when your account first reached the stop-out level.
