Fair Stop Out
Fair Stop Out
05 Dec 2014, 00:00
We have recently released Fair Stop Out feature. This new feature prioritizes freeing up margin over position profit and loss. Alexander Strelnikov, a Product Manager at Spotware, explained: "cTrader's new stop-out method protects trader margins and increases the lifespan of a trader's balance. The rudimentary process used by some other outdated platforms is to liquidate positions once stop-out levels are reached starting with the most unprofitable position. Unfortunately this method works against traders when they are at risk of having their balance wiped out./p>
Our new stop-out algorithm closes positions in descending order of margin used, so that as each position is closed, traders have a better chance at securing what they can from their remaining deals. Stop-outs are never a pleasant occurrence for the trader, but the least we can do is ensure they have maximum chances of recovery."/p>
The stop-out feature is one of the many trader-centric features we have introduced to cTrader over the years. It encompasses our entire company philosophy, to put the trader first.