Stop-out
The margin level at which a broker starts closing your positions automatically to stop further losses, often 50% or lower.
Related terms
Margin call
A warning, or a block on new trades, when your margin level falls…
Margin level
Equity divided by used margin, as a percentage. Brokers use it to…
Negative balance protection
A guarantee that you cannot lose more than your account balance.…
Balance
Your account value from closed trades, deposits and withdrawals,…
Broker
The firm that gives you access to the market, holds your funds and…
Cent account
An account denominated in cents, so balances and lot values are…