What is stop-out and how is it calculated?

A stop-out occurs when the margin level in your trading account falls below a specified threshold, triggering the automatic closure of your open positions. This is a risk management measure to prevent negative balances and ensure that you maintain sufficient margin to support your trades.

Vantage's margin stop-out level on all trading platforms is set at 20%. This means that if your account's margin level drops to or below 20% of the required margin, the system will begin to automatically close your open positions, starting with the one that has the largest loss.

Calculate your margin level:

Margin level = equity/used margin × 100%