Margin Close Out Level definition

Margin Close Out Level means the Margin Level at or below which we may close your Open Positions and take other actions to restrict your Account under clause 11. We will notify you of your Margin Close Out Level.

Margin Close Out Level means the level at which we will proceed to automatically liquidate your open positions on your Trading Account with us;

Margin Close Out Level means the closure of one or more of a retail client’s open CFDs on terms most favourable to the client when the sum of funds in the Trading Account and the unrealised net profits of all open CFDs connected to the Trading Account falls to less than 50% of the total initial margin for all those open CFDs.

Examples of Margin Close Out Level in a sentence

• The Margin Close Out Level is designed to help limit the extent of your trading Losses.

• We will be entitled to notify you of an alteration to your Margin Close Out Level by any of the following means: post, telephone, fax, email, text message or by posting notice of the increase on our Website or Trading Platform.

• For instance, if you open a position with us by selling the contract in question (a practice known as “shorting a market”) and the price rises, you will make a loss on that Trade and it is impossible to know the limit of your potential losses until you close the Trade or your Open Positions are closed when your Margin Level reaches the Margin Close Out Level.

• We may alter the Margin Close Out Level applicable to your Account at any time.

• It is your responsibility to monitor your Account(s) at all times and to maintain your Margin Level above the Margin Close Out Level.

• It is your responsibility to remain informed about the Margin Close Out Level applicable to your Account.

• We do not however guarantee that your Open Positions will be closed when the Margin Level for your Account reaches the Margin Close Out Level or that your Losses will be limited to the amount of funds you have deposited in your Account.

• You will be notified of the Margin Close Out Level applicable to your Account on our Website or Trading Platform.

• For an ISCA Account, any change to your Margin Close Out Level may take effect immediately upon our notifying you of that change.

• The Margin Close Out Level applicable to your Account will be equal to the Margin Requirement applicable to your Account unless we alter you Margin Close Out Level.

More Definitions of Margin Close Out Level

Margin Close Out Level means the Margin Level at or below which we may close your Open Positions and take other actions to restrict your Account under clause 11. We will notify you of your Margin Close Out Level

Margin Close Out Level means the Margin Level at or below which we may, or will where required to do so under relevant laws and regulations including the ASIC Instrument, close your Open Positions and take other actions to restrict your Account under clause11. We will notify you of your Margin Close Out Level.

Margin Close Out Level means the Margin Level at or below which we may close your Open Positions and take other actionsto restrict your Account under clause 11.

Margin Close Out Level has the meaning ascribed to it in Clause 1.25.13;

Margin Close Out Level means the Margin Level at or below which we may close your Open Positions and

Margin Close Out Level means the percentage of total Margin (in relation to initial Margin) that the Client must maintain in their Account to prevent their working order and/or open trades from being closed as required by FCA Rules;