Why was my trade closed automatically?

A trade may be automatically closed for the following reasons:

1. A Take-Profit or Stop-Loss level was triggered

When opening a trade, you're given the option to set profit and loss limits. If these limits are set, the position will automatically close once the specified profit or loss is reached. You can set Take-Profit and Stop-Loss levels when opening a trade or at any time during an open trade.

2. The instrument's contract expired (CFD expiration)

If you’re trading an instrument that has an expiration date — such as indices, oil, gas, or metals (except gold and silver) — the trade will automatically close on the expiration date, unless the Auto rollover feature is enabled. More details on contract expirations are available here.

3. The Stop-Out level was reached due to significant losses

If your loss exceeds 90% of the invested amount (for all instruments except stocks), the trade is force-closed.

For stock trades, the Stop-Out triggers when the loss reaches 80% of the invested amount.

Example 1:

You open a buy trade on EUR/USD with:

A sharp market drop occurs due to economic news, and the price falls to 1.16219.

P&L Calculation:

PL = 100 * 20 * (1,16219/1,22216 - 1) - 3 = -$101,14

As we can see, the loss on the trade amounted to -$101.14. Since the invested amount was $100, the loss reached and exceeded the invested funds. As a result, the trade was automatically closed due to a Stop-Out.

Example 2:

You open a sell trade on Apple shares, expecting the price to fall.

Instead, the price rises sharply to $185.09.

P&L Calculation:

PL = 100 * 20 * (1 - 185,09/178,22) - 3 = $-80,1

Because the loss is over 80% of your invested amount, the trade is closed automatically due to Stop-Out rules for stocks.

Please note that only the amount you invested in the trade is at risk. A loss on one trade does not affect your entire account balance, only the funds involved in that specific trade.