“Stop out” means that when a client’s margin level falls to a specific level (%), client’s open positions are closed automatically by broker. In other words, a client will not pay any other debt to broker after stop out.
The automatic stop out system is very critical for traders to secure their funds.
Before falling to stop out level, each broker warns and refuse additional order. This is called “Margin call“.
Other point is the stop out level and margin call level is different among brokers. The level depends on each brokers’ policy and specification of automatic stop out and margin call system. From viewpoint of clients, even in case of same margin amount and same maximum leverage, lower stop out level means actually larger margin amount and better trading condition.
Through our review of reliable forex brokers. we will summarize each brokers’ stop out level and margin call level as follows.
|Broker name||Margin call level||Stop out level|
|XM||50% for all account||20% for all account|
|HotForex||40%for Micro account
50%for Premium account and Zero Spread account
|10% for Micro account
20% for Premium account and Zero Spread account
|Exness|| 60% for Standard account
30% for professional account
|0% for all account|
|AXIORY||50% for all account||20% for all account|
|Land-FX||50% for all account||30% for all account|
|Titan FX||90% for all account||20% for all account|
Above table shows the stop out and margin call level which is focused on Forex.
Each broker may offer different level of stop out and margin call for other trading instrument such as other CFD.
In above comparison table, Exness offers the lowest stop out level “0%” for all account types.
This must be great benefit for both newbie traders and experienced traders.
Answer: Best forex broker who offers the lowest stop out level is “Exness”
Also, please refer to our review of Exness as follows.