Stop out level is where all positions will be liquidated(closed) due to low margin % of your account.

FXTM sets the Margin call to 80% and Stop Out level to 50% for all account types.

Limit/Stop level is the minimum parameter where you can set pending orders close to the current price. On FXTM MT4, you can set Limit/Stop orders from 1 spread away from the current price.

For more information or clarification, you may contact FXTM support team.