The account value shield acts as a stop loss on your entire account value. It enables you to protect capital by specifying a pre-defined stop-out level, which, if triggered, will close all your open positions (except bonds and mutual funds holdings) and cancel all orders.
If the account shield is triggered and cancels pending orders, you will need to contact us if you would like them to be filled.
Fund withdrawals with account value shield enabled
Please be aware that we will adjust the amount of cash you can withdraw, so that removing funds does not trigger the shield. Inter-account transfers (movements of cash between subaccounts) will also be limited. If you wish to increase the amount you can withdraw, you will need to disable or change the shield value first.
You can enable the account value shield on SaxoTraderGO, SaxoTraderPRO and via our mobile app.
How to enable the account value shield on SaxoTraderGO
You can enable the account value shield at the bottom of the account summary page (see below).
How to enable the account value shield on SaxoTraderPRO
You can enable the account value shield by going to ADD MODULE > Account Summary’ (see below).