How does Tiered Margin work on FXCM Trading Station accounts?

FXCM accounts will utilize a Tiered Margin system which consists of an Entry /Maintenance margin and a Liquidation margin.

Entry/Maintenance Margin - The initial good faith deposit or collateral set aside to open and then maintain a position.  On the Trading Station platform this is referred to as MMR. The total Maintenance Margin currently being used for open positions is referred to as Used Maintenance Margin.

Liquidation Margin (Minimum Required Margin) – If your account equity falls below this level, all positions are closed. Liquidation Margin is 50% of the MMR. On the TS platform, the total Liquidation Margin currently being used for open positions is referred to as Used Margin

If account equity falls below the maintenance level but stays above the liquidation level, you will enter a Margin Warning not be able to open any new position.

Account equity may be increased by depositing additional funds, managing open positions, or a favorable turn in the market.

Should your account fall below the Liquidation Margin requirement, all positions will be closed immediately at the best available price.