When opening a trade in Libertex, you can always rest assured that your risk is limited to the amount you invested, while your free margin always remains safe in your account.
However, there are times when the price may approach very close to the maximum level of loss and may be closed as a result of a strong unexpected market move. In these cases, you may want to increase the amount of your active trade.
To use this feature, select an active trade, then select the amount you wish to add to this trade and confirm the transaction.
Once you've done this, the following things will happen:
- The trade amount will increase, and the force close level will be moved away from the risk zone per the following formula:
- The trade open price will change to the average weighted price of the initial open price and the price set when making the transaction in question:
- A spread will be taken for this transaction. The amount of the spread will be based on the entire amount of the trade, taking into account the multiplier.
- Once you've increased the trade amount, a rollover fee will be calculated based on the new trade amount.
- Note that when increasing the amount of any trade, the multiplier stays the same as when the trade was opened.
In the formulas above:
NewInv is the new trade amount after it has been increased
NewPrice is the new opening price of the trade after the trade amount has been increased
Inv(0) is the initial trade amount
Price(0) is the initial open price
Inv is the amount you add to the trade
Price is the asset price set when you increased the trade amount
The minimum amount required to make such a trade is $20.