Trading on margin allows you to leverage your account by opening positions multiple times larger than your cash balance. All instruments in MetaTrader 4 and 5 platforms are traded on margin.
When an account accumulates losses on open margin positions, the cash balance decreases and at a certain point it is possible that the account doesn't have sufficient funds to maintain the open positions. This could lead to a stop out of margin positions.
The MetaTrader 4 and 5 platforms are showing the Margin level and the amount of the Free margin. This information is available in the Terminal window at the platforms.
The Тerminal window can be shown with combination of the buttons CTRL+T.
The Margin Level shows the percentage of the current Equity compared to Blocked margin for all open positions.
If the Margin level reaches 50%, the client receives a Margin call notice in the trading platform.
Note: The Margin level percentage can be increased by funding your account or closing some of your open positions.
If the Margin level percentage reaches 30%, BenchMark has the right to close, partially or completely, any open position, without further notice.