Managing Account Statements
An account statement denotes the status and trading activity of a specific account. If you maintain multiple accounts, the account summary shows information about individual accounts.
To open the Account Summary panel, select Account > Account and Margin option.
The following columns are available in the panel:
| Fields | Description |
|---|---|
| Account number | This will reflect the account number of the respective trader. |
| Account name | This will reflect the user or account name that a trader had initially entered or given while creating his respective account. |
| Account Type | It exhibits the type of account that the user has been using. For instance, Trade client. |
| Status | It represents the account position or stance of traders. |
| Balance | This reflects the actual balance in the account. |
| Available Margin | This amount will reflect the total amount derived from subtracting the used margin from the Equity. This amount is used for margins in future trades. |
| Used Margin | This amount will reflect the used margin by the trader at a particular time. This amount will be derived from the total margin used from all the open positions. |
| Leverage | It is the proportion of profit that traders are allowed to exercise or use while executing new positions, obviously, in the form of margin. |
| Equity | This is derived by adding the Unrealized P/L and the Balance. |
| Unrealized P/L | The details corresponding to the floating profit or loss are reflected in this segment. This amount will reflect the sum total of the profit or loss of the open positions held by the trader at a particular time. |
| Account ID | This will reflect the account number of the respective trader. |
| Account Access | This section will exhibit the type of account access of the trader. |
