Platform does NOT open/close positions itself in client accounts except in cases explained below:
Client has put an ORDER for “Stop Loss” or “Take Profit” (when client invest example in a stock, they can put an order in platform that when stock price moves in a direction that causes loss to them, to stop loss in a certain price level put by them, or the opposite they can put an order that example if during the night price moves in their favor, they can execute the order and take profit in a certain price level put by them).
- When Margin reaches level zero. (Explanations on detail on how Margin functions can be found on agreement signed for platform usage).
Note: We strongly suggest clients to monitor their margin levels during event risks such as US elections, Fed or ECB decisions.