MARGIN OBLIGATIONS. 9.1. We allow you to trade in financial instruments offered by us with a contract value greater than the balance you hold on your Trading Account, by using Leverage. When you trade on a leveraged Account, the actual funds that you are required to commit to a contract is referred to as the Margin. For example, if your account is leveraged 1:100 and the value of your contract is €50,000, the Margin you are required to hold is €500. Accordingly, you are obliged to maintain sufficient funds in your Trading Account at all times to be able to meet the Margin Requirements. 9.2. When you are close to breaching the Margin Requirements, you may receive a Margin Call from us, informing you that you have not enough Margin to place Orders or maintain Open Positions. 9.3. Where your Trading Account has no sufficient funds to maintain Open Positions, we may close or terminate any or all of your Open Positions, with our without notice to you, in which case we are entitled to close all of your margined Transactions. 9.4. You may increase the amount of Free Margin available in your Trading Account by: (a) closing out or reducing one or more Open Positions and/or (b) depositing additional funds into your Trading Account.
Appears in 1 contract
Sources: Client Agreement
MARGIN OBLIGATIONS. 9.1. We allow you to trade in financial instruments offered by us with a contract value greater than the balance you hold on in your Trading Account, by using Leverage. When you trade on a leveraged Account, the actual funds that you are required to commit to a contract is referred to as the Margin. For example, if your account is leveraged 1:100 and the value of your contract is €50,000, the Margin you are required to hold is €500. Accordingly, you are obliged to maintain sufficient funds in your Trading Account at all times to be able to meet the Margin Requirements.
9.2. When you are close to breaching the Margin Requirements, you may receive a Margin Call from us, informing you that you have not enough Margin to place Orders or maintain Open Positions.
9.3. Where your Trading Account has no sufficient funds to maintain Open Positions, we may close or terminate any or all of your Open Positions, with our without notice to you, in which case we are entitled to close all of your margined Transactions.
9.4. You may increase the amount of Free Margin available in your Trading Account by: (a) closing out or reducing one or more Open Positions and/or (b) depositing additional funds into your Trading Account.
Appears in 1 contract
Sources: Client Agreement