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Yes, you are free to hedge positions on any of your trading accounts, but not between two different accounts. Hedging is when you simultaneously open a long and short position on the same instrument.
When hedging Forex, Gold and Silver, positions can be opened even when the margin level is below 100%. This is because the margin requirement for hedged positions is zero.
When hedging all other instruments, the margin requirement for the hedged position is equal to 50%. New hedged positions can be opened if the final margin requirement is equal to or less than the total equity of your trading account.
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