 Hi everyone my name is Chad and I'm a sales executive at CMC Markets and today I'm going to briefly run through with you our different closeout methods and how you can go about selecting them on our next generation platform So to explain to you what a closeout method is is it's basically where CMC will close you out of your open positions When your account evaluation level drops too low So a closeout will occur when the account evaluation level drops to 50% or lower than your total margin requirement And to better understand what the account evaluation level is is it's basically the sum of your cash and any net unrealized profit or loss Where the profit or loss is calculated using a level one mid prices So to find this on the platform all you have to do is select the account value In the top right corner and scroll down in this box And you'll see the account evaluation amount which for me at the moment is set at 10,912 pounds roughly So as I said, it's when this drops to 50% of your total margin So looking at my total margin which right now is roughly 1,057 pounds makes perfect sense that my standard closeout level is 528 exactly 50% So to select the correct closeout method for you just go to settings Account settings and in this box it will be the second option the account closeout method So by default the platform is set to the standard closeout And this is where all your live positions any markets are currently open will be closed out When the account evaluation level drops to 50% or lower So if this isn't ideal for you, there are various other options you can choose here in the alternative account closeout methods So explain the first one, which is the last in first out So it's quite self-explanatory. It's basically where we'll close out a whole or a portion of your last trade And it will continuously do this in that order until a reset level is met So for us the reset level is 70% so in the account evaluation level reaches 70% of the total margin requirement We'll stop the closeout The second option is the largest position margin first So that will close out a whole or a portion of your largest trade using the largest margin And it will continue to do so in that order until that reset level is met Lastly we have the largest position loss first So that will close out the position of the largest unrealized loss a whole or a portion and Continuously until that reset level is met So once you found the one that you want to select so I'm going to go for the largest position margin first You can just go ahead and close that box and that's done for you Now if you have any more questions You can just go to the live help section here on the left and you can speak to one of our representatives And they'll be more than happy to help you if you've got any more questions So that's it from me. Thank you for your time