Account
Last updated
Last updated
The "Account" section on Decentrex provides important information regarding your trading account, including details about your margin, buying power, and leverage. This documentation will explain each component and help you better understand how to manage your trading activities on the platform.
Available margin represents the amount of unused funds in your account that can be allocated to open new positions or maintain existing positions. It is calculated by subtracting the used margin (funds currently allocated to open positions) from the total margin. The available margin serves as a cushion to cover potential losses and is essential for maintaining open positions on the platform.
Equity, AKA total margin, refers to the total amount of funds (including both available and used margin) in your trading account. This figure provides an overview of your account's financial standing, taking into consideration both unrealized profits and losses from open positions.
Buying power is the maximum amount of capital you can use to open new positions, based on your available margin and the platform's leverage rules. Buying power is an essential metric for traders, as it helps determine the size of the positions you can enter and the potential profit or loss that can be generated from your trades.
Current leverage is the ratio between the total value of your open positions and your total margin. It indicates how much of your own capital you are using in relation to borrowed funds. Higher leverage allows you to control larger positions with a smaller amount of capital but also increases the potential for both gains and losses.
Margin usage is the percentage of your total margin that is currently being used to maintain your open positions. This metric helps you understand how much of your account's capital is at risk and serves as an indicator of your account's overall risk exposure. A higher margin usage percentage means a larger portion of your total margin is being used to maintain open positions, leaving less available margin to cover potential losses or open new positions.
