Leverage & Margin terms

Actual exposure of open positions relative to account equity.

Equity not currently used as margin for open positions.

Collateral required to open a leveraged position.

Ability to control larger market exposure with smaller margin.

Minimum collateral required to keep a leveraged position open.

Funds required as collateral to open or maintain leveraged positions.

Warning or event when equity falls close to required margin levels.

Ratio comparing account equity to used margin, usually shown as a percentage.

Total face value of a position, not just margin deposited.

Automatic closing of positions when margin level falls below a threshold.