The situation when a Forex dealing center closes a deal because it is too unprofitable is call “Stop Out”. Each broker sets its own level of losses when a deal is automatically clos.
But before this, at a certain ratio of the amount of losses to the amount of funds in the trader’s account, the broker announces a “Margin Call”.
In this case, to hold the positions open or to close the trades altogether
The level at which this happens telegram number list is usually defin as a loss of 70% of the total amount of security deposits on all open positions.
But different Forex brokers have their own methods for calculating Stop Out and Margin Call levels, and their values differ. It happens that Stop Out occurs when losses exce the amount of the deposit and are duct from the personal account.
The trader’s account may be left with only a few tens of percent of the total capital if the broker automatically closes positions.
Pay attention to the numbers in the right column of the graph
1.10605, 1.10650, 104.400, etc.:
We already new deposit know that this is the price of a currency pair. For convenience, it is often express, especially when calculating the difference in quotes, in points or pips – both names are completely equivalent.
For currency pairs where the quot currency is: EUR, USD, CHF, GBP, CAD, AUD — the points will be the four digits following the “1.” Then a drop in the EURUSD price from 1.10650 to 1.10605 will be a drop of 4.5 points (1 point is a change of 0.0001 EURUSD).
Pips for currency pairs
With the new deposit afb directory JPY (Japanese Yen) as the quote currency, due to its low price, are count as two decimal places: if the the importance of promotional gifts price of USDJPY increases from 107.360 to 107.370, the increase will be 1 pip. Thus, one pip is equal to a change of one hundrth after the decimal place (1 pip is a change of 0.01 USDJPY).
