Can I lose more than my initial deposit when trading Forex?
Both our MetaTrader 4 and MetaTrader 5 platforms are set to automatically close your positions when your margin requirement reaches 50% (stop out level). This process is automated and is not a guarantee that your account will not enter into a negative equity situation. We recommend that you always maintain a balance in your account over and above your required margin. If the stop level is reached, a market order is triggered to close your open positions at the next available price in the market.
Events such as markets gapping over the weekend or on major holidays, where liquidity is thin, can increase the chance of your positions being stopped out and a negative equity situation occurring. We advise that you use stop-loss orders to limit your risk and monitor the margin level in your account regularly. You will be responsible for any negative balance in your trading account.