1. The Main Definitions
Equity - means the secured part of the Client’s account, considering the opened positions, bound with the Balance and Floating Rate (Profit/Loss) by the following formula: Balance + Floating rate + Swap, i.e. the funds on the Client’s account less the current loss for the open positions, plus the current earnings for the open positions.
Free Margin - means the funds which are not used for the security of the opened positions. It is calculated by the formula: Free Margin = Equity - Margin.
Margin - means the amount of guarantee required for opening a position, which is equal to 1% (in the case of a 1:100 leverage) of the contract amount for the position opened.
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