As the name suggests, "Close Only" mode means you're only allowed to close the position in question. Let's suppose Apple is currently in Close Only mode.
Libertex for Beginners
We are glad to provide you with new trading tools which are available for trading: BRNCash, ESCash, FDAXCash, NKDCash, NQCash, YMCash, ZCash.
Please note that you can only open a live account and use it for trading purposes if you are at least 18 years old or of legal age, whichever is greater.
The minimum replenishment amount is 10 EURO for all methods except Bank transfer.
Margin is an amount reserved on the account balance in order to back the transaction being open.
When you open your positions, keep in mind your total used margin must not exceed your free margin.
Leverage is a ratio in respect of transaction size and initial margin.
Example.
Multiplier allows you to trade amounts that are larger than your account balance.
Why do the brokers divide all the investors into Retail and Professional Clients?
If you want to keep your current trading conditions, including access to the same level of leverage made available to professional clients, you will need to apply to become a Professional C