Why is my FX Closing trade getting rejected due to low balance?

In a Cash account, the account must have enough settled cash to cover the full cost of a transaction, including commissions, and it cannot hold a negative cash balance.
When placing a Market order or Stop order, the final execution price cannot be known in advance because the market price may move before the order is filled. For this reason, an additional 5% buffer may be added to the order amount during the credit check to account for possible market movement.
If you receive a rejection message for insufficient settled cash, even though you appear to have enough settled cash at your intended price and quantity, you may try using a Limit order, or a Stop Limit order instead of a Stop order. Alternatively, you may reduce the Market order size.
Clients may also receive this rejection when attempting to purchase a foreign security in a Cash account. Since Cash accounts cannot borrow funds, the required currency must be available as settled cash before the trade can be accepted. If needed, the client must first place a currency conversion and wait for the funds to settle.

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