Increase of the trade amount can be useful in the situation when it is necessary to protect the trade from forced closing. By allocating free funds to support such a trade, you will increase its margin of safety by changing the weighted average opening price of the trade. Recalculating the opening price also means recalculating the forced closing level, which is moved to a safer distance.
Desktop:
Select the desired active trade and click on the blue three-dot button. Then select "Increase trade amount".
Mobile Device:
In the “Trades” section, select the active trade and click on the button in the form of three dots. Select the "Increase the amount" option.
There are a few important features specific to the procedure for increasing the trade amount:
The minimum increase amount is $10.
The commission for increasing the trade amount is equal to the commission for opening a new trade for this instrument, including the spread. Commissions are charged in accordance with the CFD Specification.
Increase of the trade amount is performed using the initial multiplier. If the corresponding multiplier is unavailable, for example, at the moment of important news release, the trade increase cannot be executed until it becomes possible to use the initial multiplier for this instrument.
Starting from the moment the trade amount is increased, the trade rollover fee (SWAP) will be charged according to the new trade volume.
The trade amount will increase according to the formula:
NewInv - new trade amount after the procedure of trade amount increase.
Inv(0) - initial trade amount.
Inv - the amount of increase.
The opening price of the trade will change and will be equal to the weighted average price from the initial opening price of the trade and the price of the instrument at the moment of the transaction:
NewPrice - new price of trade opening after the procedure of trade amount increase.
Inv(0) - amount of the initial trade.
Price(0) - opening price of the initial trade.
Inv - amount of increase.
Price - price of the instrument at the moment of transaction increase of the trade amount.