Margin call reached

Flyer

Recruit
Messages
1
I got a message of margin call reached with - $15.60 but my floating two trades does have negative with around - $50 in total and after that due to margin call reached one of my trade got stop out. But my acc still have around $190. Due to you guys suddenly send me margin call reached wrongfully and one of my trade got stop out. Please get back to me
 

Marcelo Rosa

Master Sergeant
Messages
265
I got a message of margin call reached with - $15.60 but my floating two trades does have negative with around - $50 in total and after that due to margin call reached one of my trade got stop out. But my acc still have around $190. Due to you guys suddenly send me margin call reached wrongfully and one of my trade got stop out. Please get back to me
Each broker has it's own rules regarding margin, check with your broker, I have brokers that if the floating balance goes below 20%, it will automatically start closing the highest losing trade to accommodate the margin requirement, if it falls again below 20%, it will close the next trade and so on, specially after 2015 SNB news, brokers around the world increased the required margin, specially the ones from UK. This is probably the reason. Did you get a reply from your broker about it? But as I said, this is probably the reason.
 

bigdolly

Sergeant Major
Messages
991
Each broker has it's own rules regarding margin, check with your broker, I have brokers that if the floating balance goes below 20%, it will automatically start closing the highest losing trade to accommodate the margin requirement, if it falls again below 20%, it will close the next trade and so on, specially after 2015 SNB news, brokers around the world increased the required margin, specially the ones from UK. This is probably the reason. Did you get a reply from your broker about it? But as I said, this is probably the reason.

Still trade with my broker, they successfully managed to handle SNB black swan, but leverage and margin requirements stay the same. Guess only brokers with bad risk management were affected
 

IrvinFixiMarkets

Fixi Rep
Messages
11
With a legit broker margin call goes from 100% level and stop out is 40-50%. Again, if broker has a very low stop out level there is a risk to end up with negative balance once all trades are closed. Guess what it means? Broker's money is lost on top of yours and not a single broker wants to have it.

Again, a legit broker doesn't make money when you lose, remember it
 

Aubrey Aubrey

Recruit
Messages
85
Broker to broker margin call varies. There are many broker who automatically close margin calls after traders balance goes below a certain percentage. So, you should check with your broker that in what percentage they close the losing trades. Now a days the percentage of broker are gradually increasing. Marcelo Rosa said exactly right that especially UK broker increase their required margins. It just because of broker also wanted to stay safe.
 

Addam

Recruit
Messages
259
In this case no doubt you have to adress your broker. Otherwise it's gonna be hard to understand and decide it.
 
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