Euro Pacific Bank

What is Net Free Equity?

Net Free Equity (NFE) is:

  • The cash balance of your main trading account
  • Plus/minus any unrealised profits or losses from open CFDs, FX Forwards and Futures on your main trading account
  • Plus the market value of any FX Options on your main trading account
  • Minus any margin required for financing open positions on your main trading account and sub-accounts

Cash collateral for NFE margin financing may differ from the trading margin requirement.

Interest is calculated daily and settled monthly – within seven business days after the end of each calendar month.

How do I monitor my Net Free Equity?

You can view the Net Free Equity in the “Interest Details” report of the “Account” tab of GTS.

Interest Details


How do I resolve my negative Net Free Equity?

If you have a negative Net Free Equity balance, you will accrue “overdraft” interest on your account. To avoid paying interest, please hold sufficient cash collateral. This can be done several ways:

  • Deposit cash from your bank account using your Transfers > Between Own Accounts function.
  • Sell shares or close a position.
  • If you have multiple sub-accounts, often negative Net Free Equity is the result of trading with the wrong sub-account—the sub-account that doesn’t have sufficient cash. If this is the case, move funds from the “positive” sub-account to the “negative” sub-account by making two transfers. First from the brokerage sub-account to your bank account, and then once the funds have settled, a second transfer from your bank account back to your brokerage account’s correct sub-account.

For further assistance please send a message inside your brokerage platform or email [email protected]

LAST UPDATED: MARCH 11, 2024

August 29, 2022: Euro Pacific Bank liquidation has commenced. Please read our formal instructions here as it is time-sensitive.

September 2, 2022: Update on pending transactions, brokerage, and account migration.

September 8, 2022: Qenta has emailed a welcome letter to all EPB clients. You can read a copy of it here.

September 16, 2022: Update on pending transactions for clients opting out of Qenta Inc. migration.

September 28, 2022: Update on pending transactions for clients opting out of Qenta Inc. migration.

September 30, 2022: Update on bank liquidation, pending transactions, and migration of assets to Qenta Inc.

October 8, 2022: Update on opt-out deadline for EPB clients who do not wish to migrate their account to Qenta Inc..

October 14, 2022: Customer Update & Townhall.

October 21, 2022: Update on Opt-out deadline - Extended.

November 01, 2022: Mutual funds & outgoing wire requests update.

December 05, 2022: Migration & liquidation update.

December 16, 2022: Comprehensive FAQ is published.

January 27, 2023: Correspondent bank update.

March 8, 2023: Migration & liquidation update.

March 31, 2023: Migration & liquidation update.

April 20, 2023: Liquidation update- Action required.

May 05, 2023: Migration & Liquidation update.

May 31, 2023: Migration & Liquidation update.

June 17, 2023: Receiver's report.

June 23, 2023: Migration & Liquidation update.

July 20, 2023: Migration & Liquidation update.

September 01, 2023: Migration & Liquidation update.

September 22, 2023: Report & Communication Portal.

September 22, 2023: Report & Communication Portal.

November 20, 2023: Progress Report (Opt-out Only).

November 21, 2023: Migration Update (Opt-in Only).

February 02, 2024: Migration & Liquidation update.

February 19, 2024: Migration & Liquidation update.

March 03, 2024: Migration & Liquidation update.

March 11, 2024: Receiver's Reports.