All clients should ensure that they are familiar with the margin policy of Global Trading Limited (GTL). when trading on Global TradeStation, Global TradeStation Pro, or any legacy platforms (WebTrader, MobileTrader).
There are three levels of margin notices, 80% use of equity for margin, 90% use of equity for margin and 100% use of equity for margin. The notices will be sent to your GTL account via a popup inside your trading account.
In order to ensure that you will not be stopped out of any positions (positions automatically closed) you should always ensure that you are always utilizing less than 100% of your available margin utilization. As stop-out levels can change based on market conditions it is important that you monitor your margin levels closely so that you are not in breach.
If your account goes above 150% use of equity for margin, all margin positions will be liquidated and converted to cash (stop-out). All open orders will be cancelled.
Any exposure that is continuously under margined (margin utilization above 100%) for a period of 47 hours will trigger a stop-out. This will not overrule the 150% stop-out trigger, if this level should be reached in the 47 hour period.
You alone are responsible for monitoring your margin position(s). GTL has no responsibility to notify you. Please take great care when entering your orders to make sure it is what you intend to do and that you do not leave any open orders that you do not wish to be executed.