What is shown in the Accounts Window?
Elements of the Accounts Tab:
- Account
- This is your FXCM Account Number.
- Equity
- Your ‘real time’ balance. This is your balance +/- any floating open positions.
- Balance
- The value of your account without taking into account profits and losses on open positions.
- Day P/L
- The profit and loss for the day’s trading session. This resets every day at 5:00 PM EST
- UsdMr
- The amount of account equity currently being used to maintain open positions.
- UsblMr
- The amount of equity that is, currently, not being used to maintain positions. This measure tells you:
- The amount of equity available to open new positions.
- The amount that existing positions can move against you before you receive a margin call.
- Usble Mr %
- The amount of usable margin as a percentage of available equity.
- MC (Margin Call)
- In this box you will see either Y (Yes) or N (No)