What happens?
This error appears when you attempt to open a position.
Why does this happen?
This error indicates that you tried to place a trade but did not have sufficient funds available to cover its cost.
How to resolve this issue?
In some cases, order spreads or costs can fluctuate dynamically over time. You may retry placing your order after a favorable price movement.
Other troubleshooting steps include:
- Reducing your lot size to lower trading costs.
- Increasing leverage to reduce margin requirements.
- Funding your account to boost available margin.
Additional tips:
- Check the economic calendar for upcoming major news events that may require higher margin for certain instruments. You will also receive a daily email in your MT5 desktop terminal listing affected instruments.
- Set a pending order at your desired price. The order will then be executed with a smaller spread, reducing spread costs.
If the issue persists, please create a request in the customer support center for further assistance.