In your trading you may come across instances when the price chart approaches the Stop Loss level, but you’d like to keep the trade open for longer, to give it a chance to go from lossmaking to profitable. In such a case, you can add money to the trade (“top up”) to postpone the Stop Loss closure.
How it works:
1. Open a Forex trade with a multiplier greater than x1.
2. Set a Stop Loss level on the chart.
3. Drag the SL level towards -100%/-50% of the transaction amount (depending on the Stop Out level of that asset).
4. A confirmation dialogue will appear with the new terms for your trade. You'll be offered to increase the trade amount and lower the multiplier. The total volume of the position will stay the same.
5. Confirm the changes. The required amount will be added to the trade from your account balance. The Stop Loss will be set at a new level and the trade will remain open.
Additional information:
- Maximum level for trade top-up is limited by the amount available in the trading account. One can not add more money to a trade than what they have on the balance.
- Maximum level for topping up a trade is limited by multiplier x1. As soon as the multiplier is down to x1, you can not add any more money to the trade.
- Maximum amount of trade top-up can be more than the maximum preset transaction amount.
- There are no commissions for topping up a Forex trade.