The biggest attraction of FX in trading is leverage, the possibility to trade with a larger amount of money than you initially deposited. In this case you can make a bigger profit (or loss) with even the smallest change in the market. In AXIORY, for the purpose of preventing loss of funds, we demand using margins to deposit additional money or securities for the loss expansion of principal. This is called a “margin call”. In addition, when the loss increases beyond a certain percentage of the target open position (positions), this position (positions) is closed. This is called a “stop loss order”.
Margin call and stop loss orders are caused by the retention rate of your margin. In AXIORY, margin call is triggered in STP / ECN accounts when money maintenance rate is 50% or less and stop loss order will trigger when it becomes 20% or less margin retention rate.
When the margin maintenance ratio is equal or less than 20%, some positions are closed starting from the biggest amount.
|Open positions||Date||Valuation loss||Order in which is the stop loss order executed|
|Position A||May 1||-10,000||No.2|
|Position B||May 2||-50,000||No. 1|
|Position C||May 3||-2,000||No.3|
Since we execute orders trough our Liquidity Providers, it can occur that in some situations, like during time zone trading, the stop loss order will not be executed automatically.
Your account can be opened in 30 minutes after the sign up process is completed.
You can start trading as soon as you finish your application.
In AXIORY, we offer STP accounts and ECN accounts in our MetaTrader 4 trading platform.