In the ‘Close only’ mode, you can only close previously opened positions and you can’t open new positions. Your account is pushed into ‘Close only’ mode, once it reaches 5000 EUR of account value. This rule is applied to every sub-account you are holding.
‘Close only’ mode is a special set-up preventing the clients from potential losses.
Whenever your total multi-currency balance drops below a threshold mentioned, EXANTE switches your account to the ‘Close only’ mode, which means you are no longer able to set new trades. You'll still be able to create orders closing your positions. In order to be able to open any new positions again, you need to fund your balance above the threshold.
Can I still withdraw my money while in the ‘Close only’ mode?
You can still withdraw any amount of money while in the ‘Close only’ mode .