CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Customers cannot lose more than the funds they have on their account. The “Margin Call” feature exists in order to prevent your account from having a negative balance.
You should familiarise yourself with the following definitions:
Balance: deposits - withdrawals + P&L of closed positions.
It does not include the profit/loss of the current open positions.
Available Balance: balance + P&L of open positions - initial margins.
This is the amount you have available on your account.
P&L: profit + loss + daily overnight funding * number of days.
This is the total profit and loss for all open positions including daily overnight funding.
Equity: balance + P&L of open positions.
This is the current value of your account.
This information is available to you on the main platform screen.
Further information about the current financial status of your account can be found in your “Account Snapshot”. To review it, click on “Funds Management” → “Account Snapshot”, or “Menu” → “Account” → “Account Snapshot” in the apps.