Stop out level (liquidation) is when collateral is liquidated to pay the lender. Stop out level will be set by lender. FXCE system will compute the total asset value that the borrower must pay to the lender as well as the system fee. It is possible to repay a part of the loan with current balance and the remaining with collateral. The remaining collateral after payment will be automatically returned to the borrower's account.
In the borrowing interface, borrowers can see the exchange rate of collateral to borrowing asset, at which margin call & liquidation will occur. However, please notice that the estimated exchange rate does not include conversion fee and interest.
***Note: Margin call level is recommended to establish. Borrowers will receive an email of margin call if it occurs. They can deposit money into their collateral to avoid liquidation.