What is Trading Account Status?

Whenever you’re trading, you will encounter these terms and information about your trading performance.

some terms you’ll encounter in your trading journey

Net P&L: The profit and loss for all open positions.

How to calculate: the total of P&L of all open trades + (daily Overnight Funding rate x number of days).

Balance: The amount after last closed trade.

How to calculate: Deposits – Withdrawals + Realised Total P&L of closed positions (does not include the unrealised P&Ls on the open positions)

Equity: the current value of the account including profit/loss of all open positions.

How to calculate: Balance + Net P&L

The difference between Balance and Equity;

Balance reflects your profit/loss from closed positions.
Equity reflects the real-time calculation of your profit/loss. Equity takes into account both open AND closed positions.

Margin: the amount required to open and maintain all trade positions.

How to calculate: % of the notional value (learn more at Margin)

Maintenance Margin: The total minimum margin amount required to maintain the account when you hold a trade position

How to calculate: Real-time contract value * maintenance margin ratio (%).
Maintenance margin ratio (%) = margin ratio (%) * 50%

Available Balance: amount available to be used for new positions or to withdraw.

How to calculate: Equity – Margin

Margin Level: percentage (%) value based on the amount of Equity versus Used Margin. The higher the Margin Level, the more Free Margin you have available to trade.

How to calculate: (Equity / Margin) x 100%

Your ‘Available Balance’, ‘Net P&L’ and ‘Equity’ are constantly calculated in-line with the market movements. If the ‘Equity’ touches or falls below the total of Maintenance Margin requirements your positions are at immediate risk of being liquidated.