Can I keep my position for a long time?
You can keep your positions for as long as you wish, providing you have the funds on your account to do so. Only the Futures Instruments (like Oil, Gas) and those with expiration should be closed before their expiry date.
Do I have to pay for keeping my position?
Depending on the type of your position and the selected instrument, you either receive or pay Interest Swap. To learn more, please click here.
Can you close my positions?
Yes, the platform can close your position(s) automatically if you have a losing position and not enough funds in your account to guarantee it (margin). This protects you from losing more money than your deposit. The platform will close your position(s) when your account status drops below 25%.
Your positions will be closed following the order of their opening* (“first in, first out” principle) until the account status is over 25% again.
*If the market of the instrument for this position is closed, the platform will close the first position with an opened market.
What does the account status show?
The account status shows the free funds at your disposal. Here's how it works:
- If the value is between 50% and 100%, you have free funds to open new positions.
- If you have used all of your free funds to open positions, the account status is at 50%.
- When the account status drops below 45%, you will receive an email with a “low margin” warning.
- When the account status drops below 25%, your positions will start closing following the order of their opening to prevent a loss exceeding your deposited funds.