{"title":"In High Leverage Retail FX Market, the Margin Call Rate is 35% and It is Difficult for Individual Traders to Survive.","authors":"Xinbin Zhang","doi":"10.2139/ssrn.3016144","DOIUrl":"https://doi.org/10.2139/ssrn.3016144","url":null,"abstract":"Leverage control is an important issue in financial system and a challenge for financial professionals. How do individual FX investors deal with the leverage? Using a large data set from a FX social network, I find out that retail FX traders are poor at leverage control: under a survivor bias dataset, 35% accounts fail to control their leverage and have received Margin Call.","PeriodicalId":247348,"journal":{"name":"Behavioural Finance IV","volume":"86 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-08-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126137292","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}