User Case Why You Don't Meet the Requirement Margin requirements are based on Net Liquidation Value (NLV) (your cash balance plus/minus your unrealized gains or losses). Ironbeam +1 In your scenario: Account Cash Balance: $1,750 Current Unrealized Loss: -$600 Your Current Equity (NLV): $1,150 ($1,750 - $600) Required Margin to Hold: $1,505 Deficit: -$355 ($1,150 - $1,505) Ironbeam Because your account equity ($1,150) is less than the required overnight margin ($1,505), you are in a margin deficit . Ironbeam +1 What Happens If You Keep It Open If you attempt to hold this position past the daily close (4:00 PM CT) or into the weekend: Liquidation Risk: Ironbeam's risk desk may automatically liquidate your position to protect the account from further losses. Margin Call Fees: If you are not liquidated but enter a margin call state, Ironbeam typically charges a margi...
