Minimum account size
Lot sizes start at
Margin is the deposit required to maintain open positions. You are required to maintain sufficient margin to keep current positions or open new ones. For instance, on a 1% margin, a position of $1,000,000 will require a deposit of $10,000.
A Margin Call is an alert to deposit additional funds into your trading account in order to protect against the risk of adverse market movements.
As soon as your account margin level drops below 90% of the require maring, we will attempt to notify you by email with a margin call warning. This is in order to alert you that you don’t have sufficient funds to maintain open positions.
The stop-out level is the equity level at which your open positions get automatically closed. At MYFX Markets, once your account margin level drops below 50%, open positions get closed.
Margin calls can be made at short notice and can be substantial. It is important for you to familiarize yourself with our Margin Call Policy. Be aware that it is the Client’s responsibility to monitor positions and make any margin payments as they become due.