A margin call occurs when the account equity falls below the required margin.
Once your margin level goes below 100%, your account will go into margin call. You will no longer be able to open new positions. To avoid further losses or liquidation (which happens at 30% on our accounts), the client must either deposit more funds into the account or close some of the positions to raise back his margin level.
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Absolutely! With the introduction of micro accounts by forex Brokers several years ago you can now open an account with no cash and start trading with as little as $100. But just because you can doesn’t mean you should.
There are 54 Million people in the US with a 401K retirement fund of varying sizes, however unbelievably there are 96 Million people that do not have one at all.
