Margin Related Issues

 

Hi

I am a new trader in forex market.I want to know that what happens when the "Free Margin" becomes 0(i.e.zero or nil)???Please advise ASAP as my money is on the verge...I am a small trader trading at USD100. Leverage is 1:20.

Thanks in advance.

 
daredevil007 :

Hi

I am a new trader in forex market.I want to know that what happens when the "Free Margin" becomes 0(i.e.zero or nil)???Please advise ASAP as my money is on the verge...I am a small trader trading at USD100. Leverage is 1:20.

You get a Margin Call, if you don't know what Margin Call is you either shouldn't be trading live or you have plenty of money to burn.