Margin Financing Term Limits

United States (US) customers:

Customers with accounts registered in the United States (US) are limited to a 28-day maximum financing term for maintaining open margin positions.
 
Margin positions held beyond 28 days will be automatically liquidated. We are not required to contact you prior to the expiration of the 28-day term and may liquidate your positions without warning. You are expected to keep track of your margin positions and settle or otherwise close the positions within 28 days. The 28-day term is fixed and cannot be extended.
 
If you trade on margin, please keep track of how long your positions have been open and be sure to close them within the 28 day window.
 

Customers outside of the United States (US): 

Customers with accounts registered outside the United States are limited to a 365-day maximum financing term for maintaining opening margin positions.
 
Margin positions held beyond 365 days will be automatically liquidated. We are not required to contact you prior to the expiration of the 365-day term and may liquidate your positions without warning. You are expected to keep track of your margin positions and settle or otherwise close the positions within 365 days. The 365-day term is fixed and cannot be extended.
 
If you trade on margin, please keep track of how long your positions have been open and be sure to close them within the 365 day window.
 
The message that appears on the order details of a time-limit liquidated position is "Time limit exceeded".