Margin Policy
Regardless of the general policies stated below, Tradecom reserves the right, for its protection, to take any action in regard to accounts including without limitation: the issuance of intra-day margin calls; requiring margin calls to be met within a specified amount of time; or the liquidation of positions without prior notice.
Any trader with a margin call must contact Tradecom staff member with regard to their plan to meet the margin call.
Day traders are allowed very liberal day trading margin. This allowance is for Day Trading purposes only. Any trader that carries positions with an initial margin deficit fifteen minutes prior to close of the regular session (day trading session) will be liquidated without notice.
Any trader holding a position that has their account balance drop to $1000.00 or less will have their positions liquidated. The fee for liquidation is $25.00 per contract. Market conditions may make it difficult if not impossible for positions to be liquidated. Traders are solely responsible for the balances in their accounts and any deficit balance that occurs is solely the responsibility of each trader.
If you have any questions about these policies, please contact a member of the Tradecom staff.
Regardless of the general policies stated below, Tradecom reserves the right, for its protection, to take any action in regard to accounts including without limitation: the issuance of intra-day margin calls; requiring margin calls to be met within a specified amount of time; or the liquidation of positions without prior notice.
Any trader with a margin call must contact Tradecom staff member with regard to their plan to meet the margin call.
Day traders are allowed very liberal day trading margin. This allowance is for Day Trading purposes only. Any trader that carries positions with an initial margin deficit fifteen minutes prior to close of the regular session (day trading session) will be liquidated without notice.
Any trader holding a position that has their account balance drop to $1000.00 or less will have their positions liquidated. The fee for liquidation is $25.00 per contract. Market conditions may make it difficult if not impossible for positions to be liquidated. Traders are solely responsible for the balances in their accounts and any deficit balance that occurs is solely the responsibility of each trader.
If you have any questions about these policies, please contact a member of the Tradecom staff.
