Active accounts

Minimum equity requirement

cPro Accounts: If your Active Account cash balance falls below $100, your account can be liquidated from any position(s) being held, your live trading permissions will be removed and your trading account will be deactivated until the balance is above $100.

DAS & Sterling Accounts: If your Active Account cash balance falls below $500, your leverage will be removed and your account will be converted to cash-only trades.

If your Active Account cash balance falls below $350, your account will be liquidated from any position(s) being held, your trading permissions will be removed and your trading account will be deactivated until the balance is above $350.

Leverage schedule

By trading on margin, you are essentially taking a loan against your holdings or equity. This means that as your account equity changes, the amount that you can borrow will also change. Our Leverage Schedule is based on the daily starting cash value of your account.

cPro

• Cash Balance > $100; Leverage = 4:1

DAS & Sterling

• Cash Balance <= $500; Leverage=1:1 (cash only)
• Cash Balance > $500; Leverage = 4:1

MARGIN POLICIES (IM)

cPro

1. If opening Stock Price <= $1; 100% Initial Margin Req (1:1 cash only)
2. If opening Stock Price > $1; 25% Initial Margin Req (4:1)

DAS & Sterling

• Cash Balance <= $500
• 100% Initial Margin Requirement (1:1 cash only)
• Cash Balance > $500

1. If opening Stock Price <= $1; 100% Initial Margin Req (1:1 cash only)
2. If opening Stock Price > $1; 25% Initial Margin Req (4:1)

Maintenance margin

A Maintenance Margin of 5% is required for stocks priced at >$1. A client is always required to have at least 5% of the market value of their position as cash to hold the position. A client’s position will be liquidated to cash if they approach and breach this value