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Why can't I open a new position when I have available funds in my Libertex account?
Why can't I open a new position when I have available funds in my Libertex account?
Updated over 7 months ago

When you open positions, remember that your total used margin must not exceed your free margin.

Here is an example:

Let's assume your account balance is €10,000, with €3,333 already in use. Thus, your free margin is €6,667.

You want to invest €700 in EUR/USD with a 30 multiplier/leverage. The margin you will need to open this trade is:

Margin=700*30*1/30=€700

Thus, your free margin, €6.667, is less than the margin requirement for this position, €700. This is why your trade won't be open, and you will see the Insufficient Funds warning on your screen.

To resolve this issue, you have to trade a smaller amount.

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