babypips school error

[brendonvdh]

on this page
Margin Defined | College: The Number One Cause of Death for Forex Traders | Learn Forex Trading

last bit:
Margin call: If the equity in the account drops below your usable margin, a margin call will occur and some or all open positions will be closed by the dealing desk at the market price.

should that not be used margin?

[rhodytrader]

Originally Posted by brendonvdh

last bit:
Margin call: If the equity in the account drops below your usable margin, a margin call will occur and some or all open positions will be closed by the dealing desk at the market price.

should that not be used margin?

No. Margin calls are based on your maintenance margin level, which is usually 50% of your initial margin.

[abner]

no it's right the way it is

there is a difference between used margin and usable, if your usable falls to $0 then you get a margin call.

[brendonvdh]

ok I am confused...

The very next page of the schools
Margin Call Example | College: The Number One Cause of Death for Forex Traders | Learn Forex Trading
says
( Equity =< Used Margin ) = MARGIN CALL, go back to demo trading

so which one is right? They both can't be right? my poor brain....

[BrianSNJ]

I wasn't confused before but now I am. Any gurus care to straighten this out for me (us). lol

PS - Babypips rules !!!!!

[rhodytrader]

Read Oanda's explanation. It will probably help.
Margin Calculations | OANDA FXTrade