Margin changes before events: what did your broker do?

Brokers can raise margin requirements before volatile events, changing the economics of open positions overnight. The notice, the scope and the timing all vary.

Margin changes before events: what did your broker do? — leverage and margin diagram
Leverage: a small margin controlling a larger position

Share:

  • the broker and the event
  • how much margin changed and when you were told
  • how it affected your positions
Margin changes before events: what did your broker do? — risk-reward diagram
A risk-reward ratio of 1 to 2

The margin guide explains the mechanics behind the change.

Background: Leverage and margin explained: margin calls, stop-outs and how losses grow

Leverage lets you control a large position with a small deposit. It magnifies losses exactly as much as gains, and it is behind most blown trading accounts.

What does 30:1 leverage mean?

You can control a position 30 times larger than your margin deposit. $1,000 of margin opens a $30,000 position, and gains and losses are calculated on the full $30,000.

What is a margin call?

A warning from your broker that losses have reduced your margin level to a set threshold. If it keeps falling, the broker starts closing positions automatically, which is called a stop-out.

Read the full guide

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