Greetings,
Can anyone help me understand margin and margin calls? Specifically, I have 400.1 margin and my broker issues margin calls at 50%
If I have $5,000.00 in an account, and the account suffers a drawdown, say, of $2500.00 (so my equity now is $2500.00) how much margin do I have left, and how close am I to a margin call?
Thank you.
P.S. Using IBFX
Can anyone help me understand margin and margin calls? Specifically, I have 400.1 margin and my broker issues margin calls at 50%
If I have $5,000.00 in an account, and the account suffers a drawdown, say, of $2500.00 (so my equity now is $2500.00) how much margin do I have left, and how close am I to a margin call?
Thank you.
P.S. Using IBFX