Equity is your account’s real-time value, including your balance plus any unrealized profit or loss from open positions.

Formula

Equity = Balance + Floating Profit/Loss

Example

  • Balance: $10,000
  • Open trade: +$300 floating profit
  • Equity: $10,300

If the trade moves to -$200:

  • Equity: $9,800
  • Balance: still $10,000 (unchanged)

Why Equity Matters

MetricBased On
BalanceClosed trades only
EquityBalance + Open trades
Margin levelEquity / Used Margin
  • Margin calls trigger based on equity, not balance
  • Available margin = Equity - Used margin
  • If equity drops below margin requirement, positions may be closed

Key Points

  • Equity fluctuates every second with open positions
  • Always monitor equity, not just balance
  • Low equity relative to margin = high risk of margin call