Managing Account Statements

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.

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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.
OPEN LIVE ACCOUNT OPEN DEMO ACCOUNT
Risk Warning:

Trading Forex / CFD's on margin carries a high level of risk, is subject to rapid and unexpected price movements, and may not be suitable as you could sustain a total loss of your deposit. Leverage can work against you. Do not speculate with capital that you cannot afford to lose. Be aware and fully understand all risks associated with the market and trading. Prior to trading any products marketed by Al Shuaib Forex International. or its affiliates, carefully consider your financial situation and experience level, and or seek independent financial advise. If you decide to trade products marketed by Al Shuaib Forex International. you must read and understand the Financial Services Guide and Product Disclosure Statement. Viewer agrees that Al Shuaib Forex International and its employees or agents assume no liability for errors, inaccuracies or omissions; does not warrant the accuracy, completeness of information, text, graphics, links or other items delivered or received via this domain. Data and commentary is strictly for general educational purposes, and as such Al Shuaib Forex International. does not make any express or implied warranties of the fitness of this information for a particular purpose or use or guarantee the accuracy, timeliness or completeness of the information available herein. As a prerequisite of visitation or use of this domain the viewer agrees to indemnify and hold Al Shuaib Forex International. and its employees and affiliates harmless from and against any and all losses, damages, liabilities, costs, charges and expenses arising out of any use or reliance upon information obtained through this domain. Al Shuaib Forex International. is authorized and regulated by the Ministry of Trade and Industry as a Financial and Monetary Intermediary.

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