When calculating the balance, only closed positions are taken into account.
When calculating equity, open positions are also taken into account.
In this way,
Equity = balance + profit (or – losses) on open positions
If there are no open positions on the account, the balance and equity will be equal.
If there are open positions on the account, the balance will remain unchanged, and the equity will constantly change, depending on how the trading result for open positions changes.
Free margin = equity – margin on open positions
Margin level = equity / margin on open positions * 100%
How to start trading Forex with FBS MT4 Android Mobile App
Comment by Damian F.
December 20, 2023
C;mon, it;s not a rocket science! Just install the app; and start trading!