Why do I get the "Your margin is insufficient" message when I try to open a position?

"Insufficient margin" means that there are not enough funds on your account to open a position.

To avoid such an error, please check the Margin Impact indicator before creating a new order.

Margin Impact is the indicator, which shows the amount of your funds required to open a trade.

What can you do in this situation?

  1. Deposit funds to your account to increase the amount of Usable Margin;
  2. Reduce the volume of the position you want to open;
  3. Close other open positions on your account.