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Why can I lose more than my trade size?


On UpTick you are trading with a multiplier (= on margin) which means that you borrow money to increase your position size. When you trade with a 1:20 multiplier, every 1% of the market you trade, will move your position by 20%. So if the market gaps (= jumps) by 7% for example, your position would move by 140% which could thus result in a loss larger than your invested capital. On UpTick we default stop loss settings to -100% but if the market gaps over your desired stop loss price, this means we will not be able to fill your auto-close and you might lose more than you invested.

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