Can Milton Markets bonuses (credits) be used as part of the effective margin?

Yes, you can use it as part of your effective margin.
For example, if you have unrealized losses, the bonus (credit) amount will be part of your effective margin and can withstand a loss cut.

You cannot trade only with Bonus (Credit).
If your trading account balance becomes zero after closing a position, the bonus (credit) will be extinguished.

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