Exposure is larger than investment
Leverage multiplies market exposure relative to the amount committed as margin. It can increase gains, but it also increases how quickly a loss reduces available equity.
Margin state
- Available margin changes with cash, reserved funds, exposure, and unrealized results.
- New trades can be blocked when post-trade margin would be insufficient.
- Warnings can appear before forced liquidation.
- Rapid movement can cross thresholds before a user can respond.
No control removes risk
Stop instructions, diversification, alerts, and position sizing can reduce avoidable exposure but cannot guarantee a maximum loss during gaps, outages, or illiquid markets.
Availability depends on account status, verification, jurisdiction, product configuration, and current platform controls.
