Margin profiles

Setting up margin profiles allows you to set leverage for different groups of instruments and liquidation settings.

The DEFAULT margin profile is an empty aggregator setting that is used on technical accounts of the Nominal type.

Click ADD MARGIN PROFILE to create a new margin profile.

General

Fill in the Name field for the setting you want to create.

If the Non margin account checkbox is enabled, margin trading will not be possible for the accounts on which the created margin profile is set, i.e. the client must always have enough funds on the account to place an order.

Please note! When trading options on non-margin accounts, the following logic applies: - When selling a Call option, the base asset is locked until the option's expiration. - When selling a Put option, the quoted asset is locked until the option's expiration. - The volume of the locked asset corresponds to the amount that will be delivered to the option buyer upon execution.

The Show in fractions or percent option allows you to customize the measurement of the leverages - Percent, Decimal or Natural.

Please note! When the measurement is set in percent, the column name in the client's position widget will be changed from Leverage to Margin %.

Margin settings

Liquidation settings

In the system, the stop out is set at the level of the total margin. The margin utilization percentage must be configured when creating a margin profile. It is also displayed in MT5 margin style for your convenience.

• Liquidation value = 100% is the minimum value that can be entered.

• It is important to note that active orders are canceled when the used margin exceeds 100%, regardless of what stop out level is set.

• If the margin used is greater than 100%, you can place a Reduce only order or an order with a closed trade ID, that is, an order from a close position.

When Auto checkbox is enabled, the liquidation process will be triggered automatically when margin usage reach specified value.

If the Auto function is enabled, the system will try to close all the positions. If for some reason it cannot close, the system will automatically send a notification to the users, who have selected the appropriate role within the instance.

If Auto is disabled, then when the margin utilization level reaches the level set here, then an authorized person whose role involves receiving notifications that the level is reached - will receive a corresponding notification and should close the positions.

The autoliquidation process follows these steps:

1. All pending orders will be canceled.
2. If this is insufficient, margin positions will be liquidated, starting with the most unprofitable.
3. If all margin positions are liquidated and the margin is still insufficient, leveraged positions will be liquidated, starting with the most unprofitable.
4. Step 3 will be repeated until the required margin is restored.

Value percent formula: (1 / (1 - Allowable client loss)) * 100 Allowable client loss = from 1 (all) to 0 (nothing)

Example: Let’s say we want to allow our client to lose 33% of his deposit. In this case, the actual value in the margin profile will be calculated as follows:

(1 / (1-0.33)) * 100 = 149.25 ~ 150% or 1.5

Another example: If the allowable client loss is 70% of the deposit, the value in the margin profile will be as follows:

(1/(1-0.7)) * 100 ~ 333% or 3.33

BBook liquidation

When enabled, liquidation can be performed using non-market conditions on BBook executor account to limit maximum client loss when autoliqudation is triggered.

BBook liquidation is available only if the Auto enabled in the Liquidation settings section.

Here you set the executor BBook account which will act as second side for autoliqudation trades if loss exceeds Max loss percent setting.

Max loss percent is the maximal admissible client loss as a result of autoliqudation.

For example, if autoliquidation is set to 200% this means that in worst scenario for the client they loss 50% or more of their funds. But, if this setting is set to 50%, all client loss above 50% will be eliminated by using non-market prices for autoliquidation trades.

Other settings

Currency assets short allowed refers to the fact that when making a transaction with a delivery instrument, one of the currencies in the pair is allowed to take negative values.

For example, a client trades EURUSD deliverable currency. If this setting is switched off, he must have enough USD on his account to buy EUR and sell USD to make a transaction with EURUSD deliverable currency. The sufficient USD amount must be in his account for the trade. If there is no suddicient amount - the order will be rejected. If the setting is enabled - the system will allow the transaction even if there are not enough USD in his account.

Fix margin in account currency option is designed for clients who are required by the regulator to fix margin in account currency. It means that when a trade is executed, the margin is fixed in the settlement currency of the trade, then converted to the account currency and will never be changed. Even if the leverage changes and a trade is still open - the margin on it will not change. It will remain the same until the trade is closed.

Margin level warnings

In the Margin level warnings section you can set the Stop-Out level for your clients trades. When the set Value percent is reached, the client receives a notification, the text of which can be set in the Warning field.

Critical level checkbox allows you to send a notification not only to the client, but also to the trader/employee whose role includes receiving such notifications.

You can also set a Repeat timeout for each warning. The values in these fields determine the time after which the client will receive a repeated notification about exceeding the permissible margin level if it remains above the threshold specified in the warning.

Note! If multiple warning levels are set, only the notification from the highest level will be repeated.

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The table below shows the values of the value partitions corresponding to the percentage value:

Value partitions	Percentage equivalent
0,05	5
0,1	10
0,15	15
0,2	20
0,25	25
0,3	30
0,35	35
0,4	40
0,45	45
0,5	50
0,55	55
0,6	60
0,65	65
0,7	70
0,75	75
0,8	80
0,85	85
0,9	90
0,95	95
1	100

Once the necessary margin level warnings fields are field, click SAVE to save your warning or CANCEL to cancel it.

Margin leverages

Click ADD MARGIN LEVERAGES to add a new margin leverage to your margin profile.

Select the Instrument group, for which these settings will apply when active (selected for a specific account).

Here you can set the level of margin requirements for different types of instruments. The levels are set by groups of instruments. A few options of the Leverage by setting are available: by currency, by position or by virtual.

• Currency - is used when trading deliverable and non-deliverable currencies and the margin is calculated from each specific currency involved in the transaction.
• Position - the used margin is calculated from the position/order and can be applied to any type of instrument. For this type of leverage, the Long leverage and Short leverage values should be specified as well as margin calculation type:
  • Quote — the standard margin calculation type.
  • Base — used for instruments where the base currency is the primary asset (applies only to FX, CFD FX, and CASH). If the instrument's base asset is not a currency, using this setting will result in an error.
  • Min — selects the minimum value between the fixed margin amount for the leverage and the market value of the instrument's base asset.
  • Max — selects the maximum value between the fixed margin amount for the leverage and the market value of the instrument's base asset.
  • Sum — the sum of the fixed margin amount for the leverage and the market value of the instrument's base asset.
• Virtual - completely disables margin accounting for a group of instruments. Positions become “virtual” and no financial result can be obtained from such positions.
• No margin - allows the account to trade equities without affecting the margin utilization. Also, when this setting is enabled, positions on equities will not be liquidated if auto-liquidation is enabled for the account. In the sub-positions for instruments to which this setting is applied, in the account section Assets ➝ Balance ➝ Positions, the type Asset will be specified. When No margin type is specified, the checkbox No margin appears next to the type field.

The short and the long currencies are calculated separately. The margin requirements are calculated in absolute value for each currency and each side. The highest amount will be taken as the margin requirement.

Base currency option should be used only for instruments having base asset of type currency. If instrument base asset is not a currency, using this setting will result in an error (this setting applies only to FX, CFD FX and CASH).

Once the necessary margin leverages fields are field, click SAVE to save your leverages or CANCEL to cancel it.

Max position size

In this block you can set the maximum position volume available to the client. The maximum position size is configured for each individual instrument group.

To create a new setting, press ADD MAX POSITION SIZE and Save to apply the changes.

Currency leverages

Here you can set the level of margin requirements for different assets in each of the existing margin profiles.

Enter values in fractions instead of percentages allows you to switch between fractions and percentages when setting the leverages.

To save the specified leverage values, click SAVE next to the corresponding line.

To adjust the leverages for only one of the margin profiles, select it in the Select margin profile filter.

To adjust the leverages for only one asset, select it in the Select asset filter.

Margin balance multipliers

Margin balance multipliers are margin levels charged on negative currency balances. Since the platform allows multi-currency accounts, at some point a client may have negative balances for specific currencies. Accordingly, you can set margin levels on these currencies as well.

By default, when creating a new Margin Profile, for all unfilled currency assets multiplier is 100%, for all unfilled crypto assets multiplier is 0%. If Leverages settings are not changed, the negative balances for currencies are free.

Tick the Select all checkbox to select all the currencies.

ADD VALUES allows you to add one value to all the selected currencies.

By clicking on open leverages you can see what values are set for each currency.

Search field allows you to search the specific instrument in the grid.

Important! The changes in the margin profile will not be applied when you save the margin profile, but when all activities in the account are completed (e.g. all days have to be closed).

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After configuring all necessary settings, click the CREATE or SAVE (for existing settings) button of the Margin profiles section.

By clicking DUPLICATE you can create a copy of your current setting.

SHOW USAGE allows you to view on which instrument groups this setting is used.

IMPORT MARGIN PROFILE allows you to upload your own profile in .csv format.

When importing a file with a schedule, the following scenario is implemented:

• If changes are saved after a scheduled action, the scheduled action will not be applied in the future.
• If no changes are made after applying the scheduled action, then the scheduled action will be performed normally on the specified date and time.

Click CANCEL button to cancel the all changes in the current editing sesssion.