A Stop Out happens when a trader's margin drops to a critically low level and all open positions are closed automatically to prevent further losses. At Headway the Stop Out level is 0%.
The stop out level for Ghana, Tanzania, Nigeria, Kenya, South Africa, Egypt, Lebanon, Zimbabwe, Singapore, Poland, Turkey, China, Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Chad, Congo, Congo, D.R., Cote d'Ivoire, Egypt, Ethiopia, Gabon, Gambia, Guinea, Lesotho, Libyan Arab Jamahiriya, Madagascar, Malawi, Mali, Mauritania, Mauritius, Morocco, Mozambique, Namibia, Niger, Rwanda, Senegal, Sierra Leone, Somalia, South Sudan, Sudan, Swaziland, Togo, Tunisia, Uganda and Zambia is 20%.
Take note: you will receive a notification if your margin level drops to 30%. This is what's called a Margin Call.
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