Hey guys im practicing in MT5 and at the bottom in the "TRADE" tab the margin keeps changing.
BALANCE - EQUITY - MARGIN - FREE MARGIN - MARGIN LEVEL.
Why is this changing?
Could you also explain what free margin and margin level are?
Im confused. Here's my practice account info:
Balance: 49,480.80 USD Equity: 48,792.09 Margin: 900.00 Free Margin: 47,892.09 Margin Level: 5,421.34%
I get that free margin is equity minus margin that makes sense, but how is my margin level over 5000% and still letting me make orders?
Also just to clarify. The Margin ($900) on this account, that is like if I opened a real account and deposited ($500) right?
And isn't the Balance my margin with adding in the leverage?
Just want to make sure I get these concepts.
Hi Roszey, nice answer, anyway, next time, please put the original source link, just in case you are using some external content. Thanks.
http://basictradingforex.blogspot.be/2012/12/balance-equity-free-margin-and-margin.html
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Hey guys im practicing in MT5 and at the bottom in the "TRADE" tab the margin keeps changing.
BALANCE - EQUITY - MARGIN - FREE MARGIN - MARGIN LEVEL.
Why is this changing?
Could you also explain what free margin and margin level are?