All account information is updated on a tick-by-tick
basis giving traders a comprehensive view of their
account. Each account has a unique ID. If a trader
has multiple accounts, for example a trader manages
funds on behalf of several individuals, the trader
will have multiple account IDs. The information
for each account is maintained on a separate row.
Balance
This is the value of funds in the account without
taking into consideration profits and losses on
open positions. The account balance is updated
in real time
Equity
This is the "floating" value of funds
in the account including profits and losses on
open positions. If a trader were to close all
open positions, the account's Equity would become
the account's Balance, as this "floating"
value would then be "locked in". The
account equity is updated in real time.
Day P/L
Day P/L includes the profit and loss for the day's
trading session from 5 PM to 5PM. This will display
only the trading activity, no deposits and withdrawals.
This is a great risk management tool to allow
you to keep track of your trading session profits
without having to run reports.
UsdMr (Used Margin)
This is the amount of account equity currently
committed to maintain open positions. Used Margin
can be thought of as the trader's deposit on the
open position. The account must maintain AT LEAST
this amount for open trades to remain open.
For example, in a 1% margin account, if the trader
has $500,000 (5 lots) in open positions, the trader
would have $5,000 margin requirement. This amount
would be reflected in the Used Margin Column.
This amount will not change unless more positions
are opened or existing positions are closed. The
Used Margin is updated in Real time.
UsblMr (Usable Margin):
This is the amount of account equity that is not
currently being committed to maintain open positions.
Usable Margin should be thought of as 2 things:
1. The amount available to open NEW positions
and 2. The amount that EXISTING positions can
move against you before you receive a margin call
and all positions are immediately closed at the
next available price.
Usable Margin + Used Margin = Equity.
The Usable Margin is updated in real time.
Usble Mr%:
The column titled % Usable Margin in the Accounts
window shows the usable margin as a percentage
of available equity. This enables you to track
your margin in real time
MC (Margin Call)
In the margin call box, there will be a Y (yes)
or N (no). If Y appears, the usable margin reached
zero and open positions in the account were closed
because there were insufficient funds.
Please note: if this occurs, dealers have discretion
over which open positions in the account will
be closed.
