Customers holding open positions must maintain minimum margin requirements as detailed in our Client Agreement. All positions have an initial margin requirement and you are required to keep an Account Balance over and above that requirement and any unrealised losses. Margin calls can be made at short notice and can be substantial. It is therefore important for you to familiarise yourself with our Client Agreement, especially the section relating to margin calls. The Product Disclosure Statement describes the Margin Requirements and a description of the risks of dealing in leveraged products.
Be aware that it is the Client’s responsibility, not AxiTrader’s, to monitor positions and make any margin payments as they become due.
Clients are warned that losses are not limited to their account balance and that they must not rely on AxiTrader closing out a position to prevent losses.