What is an equity guard tool?

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Marsha Burns
Answered 3 months, 3 weeks ago
<p>An "equity guard" or "account protector" tool is a software program or feature within trading platforms like MetaTrader that aims to prevent traders from losing excessive amounts of money by setting limits on their account equity or trading activities. It helps protect against unexpected losses by taking actions like closing trades, deleting pending orders, or disabling automatic trading when certain conditions are met.&nbsp;</p>