Why was my position/trade closed automatically?

Automatic closure of positions is a very common protection mechanism on trading platforms. This usually happens for two main reasons:

1. Stop Loss or Take Profit was triggered (SL / TP)

• Stop Loss: If you previously set a specific loss limit that you do not want to exceed, once the market price reaches that level, the platform will automatically close the trade to help protect you from larger losses.
• Take Profit: If the price reaches the profit target you set in advance, the trade is automatically closed to secure your profits before the market reverses.

2. Margin Call and Stop Out

This is the most common reason for sudden automatic closure.

• When prices move against your expectations and the trade starts losing a large part of your capital, the Margin Level in your account decreases.
• If the margin level reaches a critical percentage, known as Stop Out, which is often 20% or lower depending on the platform’s terms, the platform automatically and forcibly closes your trades. This is done to prevent your account from going into a negative balance and to protect the platform’s financial system.

3. Contract Expiration

• If you are trading futures contracts or CFDs that have a specific expiration date, such as some commodities like platinum or certain indices, the trade will be closed automatically once the contract reaches its expiration date and time.

How can you check?

You can go to the closed trades history section in your account and click on the relevant trade. There, you should find details explaining the reason for closure, whether it is marked as Stop Loss, Take Profit, or Stop Out / Margin.