Smart Stop Out Definition
Smart Stop Out is a unique feature of cTrader and the use of this phrase is specific to cTrader. Smart Stop Out is a method used to close your positions when you do not have enough margin to maintain them. This method will partially close your positions, starting with the position using the most margin. Position size will be reduced by the smallest possible increment therefore never closing more than what is necessary. The concept of this method is to protect the positions and balance of the account as much as possible. It’s important to note that this method is a setting that is managed by your broker, not you. You should check with your broker if this Stop Out type is being used. cTrader also offers a Fair Stop Out option. It’s important to your risk management operation to be certain how positions will be closed in your account in the unfortunate situation of your account being stopped out.