Account:
trading account opened in the Company.
Balance:
current amount of funds in the account.
Equity:
balance plus total net profits and losses, and it reflects the dynamic change of funds in the account; if all positions are closed at the moment, balance of the account is the current equity.
Used margin:
Amount of margin (typically money deposited in your account) that is set aside to keep positions open. The used margin acts as collateral for the open position, and is essentially locked away until the position is closed. Once trades are opened the required used margin is deducted from usable margin. Also called maintenance margin or required margin.
Usable margin:
it equals to equity deducting used margin and is the current available funds for trading in the account. (Withdrawal can be applied for usable margin)
Total net profits and losses:
total net profits and losses of the current positions.
Margin level:
equals to equity divided by used margin (when the equity level ≤50%, the system forces liquidation from the largest loss position, until the equity reach 50% or more of the margin level. If there is liquidation, the position of same loss will be closed on the principle of “first in, first out”).