Straight to the trade

Buy Limit
This order will be activated when the Ask price touches the buy limit order. The activated order will be executed at the best available price or rejected if no price is available; the order is filled for the full amount but can be filled better or worse than the requested price. Same policy applies for Take Profit orders.

Sell Limit
This order will be activated when the Bid price touches the sell limit order. The activated order will be executed at the best available price or rejected if no price is available; the order is filled for the full amount but can be filled better or worse than the requested price. Same policy applies for Take Profit orders.

Buy Stop
This order will be activated when the Ask price touches the buy stop order. The activated order will be executed at the best available price or rejected if no price is available; the order is filled for the full amount but can be filled better or worse than the requested price. Same policy applies for Trailing Stop orders.

Sell Stop
This order will be activated when the Bid price touches the sell stop order. The activated order will be executed at the best available price or rejected if no price is available; the order is filled for the full amount but can be filled better or worse than the requested price. Same policy applies for Trailing Stop orders.

Margin Level Calculation

((Account Balance + Unrealized P&L)/Margin requirement on net open position) x 100 = Margin Level

Example: Trader X has a USD 10'000 balance with an unrealized P&L of + USD 1'000. The open positions include long USDCHF 300'000 and short USDCHF 200'000. Net open position is USDCHF 100'000

((USD 10'000 + USD 1'000)/ USD 1'000) x 100 = 1100% Margin Level

Stop Out Level
Subject to the limitations set forth in the General Terms and Conditions, the Risk Disclosure Statement and the Special Terms and Conditions for Forex, when the Margin Level falls below 30%, positions with the largest loss (regardless of their size) will be liquidated first, until the margin level is back to 30% or more.

Please note that, in the case of aggregated positions exceeding the maximum transaction size on MetaTrader 5, such positions will first be liquidated up to the maximum transaction size. If the margin level is back to 30% or more after this first liquidation, no further liquidation takes place.

Net Open Position (NOP) limits set the maximum amounts for the single and total instrument exposure for all assets classes on Forex and CFDs.

The NOP limits are adjusted dynamically based on the size, leverage ratio and underlying currencies of the positions you take. Your NOP limits are updated upon execution of every placed order. Should an order exceed your NOP limits, its execution is rejected and it will be cancelled.

To find your NOP limits, connect to your eBanking and click on "Access trading platform" or "Platform details".

Examples of how the NOP limits works. 

The following corporate actions will cause your positions to be automatically closed on your behalf. We strongly recommend closing them before any such corporate action:

• Splits & Reverse Splits
• Acquisitions & Mergers
• Spin-offs
• Some specific stock dividends

Regarding cash dividends on Stock CFDs, please consult our Trading Conditions

Our Cryptocurrency CFDs allow you to trade the upward and downward movements of digital currencies around the clock while benefitting from leverage.

Cryptocurrency CFDs can be traded nearly 24/7, however please note that we may have occasional downtimes for scheduled updates on weekends, typically ranging from 2 to 4 hours maximum. We will do our utmost to notify you in advance of any planned service interruption. Please be aware that we cannot be held responsible for any potential losses on these products during platform downtimes.