The trader deliberately opened a position with a large lot, and the position was liquidated overnight.

Why was pound not liquidated at a high price, but was liquidated when the price was more favorable? This is because the spread is widened. When locking a position, you must consider the possibility of the spread expanding. Depending on whether it is late or just opened. When the liquidity is different, the spread is also different. According to the screenshot, the spread at that time was 1.75584-1.75511 = 73 points and when your account was liquidated, the spread widened to 187 points due to lack of liquidity due to the close of the market. At that time, your lock-up lot was 20 lots, so it was 20*(187-73) points and then converted into Canadian dollars and divided by 1.26 = 20*(187-73)/1.26 = USD 1809 . ** Subtract 73 points, yes Because at that time when the pound plus point difference is 73 points, your net worth is USD 1803, and the advance payment is USD 687.55 as the basis**. If the liquidation rate is 30%, 687.55*30% = USD 207, you must have USD 207 to maintain your position. However, due to the widening of the spread, your floating loss reached USD 1809 at that time, and the net value of USD 1803 – USD 1809 < USD 207 was no longer enough to maintain the position, which eventually triggered a liquidation order. We are also very sorry for this result. If you have any other questions about this result, please contact us.