Trading accounts with ThinkMarkets will automatically experience a margin call if the criteria below are met. It is important to note that proper risk management and placing of stop losses reduces the need for a margin call on a traders account. We advise all clients and traders to strictly adhere to margin requirements when trading.
-
Minimum Margin Requirements on Open Positions must be maintained by the customer at all times.
-
All open positions and pending orders are subject to liquidation by ThinkMarkets should the Minimum Margin Requirement fail to be maintained.
-
Margin requirements may change at anytime. ThinkMarkets will do its best to inform the customer about any projected changes by email and via the trading platform's message system at least a week before changes go into effect.
- On the MT4 and ThinkTrader platforms, ThinkMarkets will liquidate all Open Position and pending orders in a customer's account if the total equity, at any time, equals or falls below 50% of the Used Margin. Positions will be closed based on the best execution prices available at the time to ThinkMarkets.
- On the MT5 platform, ThinkMarkets will liquidate the largest losing position first and pending orders in a customer's account if the total equity, at any time, equals or falls below 50% of the Used Margin. MT5 will stop closing positions once the ratio of margin to equity is above 50%. Positions will be closed based on the best execution prices available at the time to ThinkMarkets.
- All open positions on fully hedged accounts will be automatically closed at market prices should the account's equity reach or fall below 0, that applies to all our platforms.
-
The placing of Stop Loss Orders, used to minimize losses, is the clients responsibility.
Communication of margin calls
ThinkMarkets does not guarantee that it will contact you when you are on margin call. It is the clients responsibility at all times to ensure there are enough funds on their trading account to maintain their open positions, taking into account the margin requirements and their current equity. ThinkMarkets is under no obligation to keep you updated about this. Any contact, or attempt to contact you before or after a margin call is only a courtesy and should not be considered an expectation or requirement.
Discover more on the Margin Stop Out levels.