Will TradeZero ever close out positions in my account?

Yes. TradeZero may close out (liquidate) positions at its discretion and without prior notice if your account poses a risk.

Common reasons include:

• Low account equity or margin deficiencies
• Failure to meet a margin call
• High concentration in one or more positions
• Excessive risk due to volatility or market conditions
  

Short Position Considerations:

• Short positions may be covered without notice if shares can no longer be borrowed
• This may occur due to:
• Reg SHO Rule 204 requirements
• Broker recalls
  

Important:

• If you cover your position and a forced buy-in also occurs, you may end up with a long position
  

Additional Information:

• Liquidations may occur during regular or extended trading hours
• Positions may also be reduced to prevent large margin calls or excessive risk
• You are responsible for maintaining sufficient equity in your account at all times"