Cross Mode: Under the Cross Margin mode, all available amounts in the Futures Account can be used as a shared margin for all current positions. When the margin of certain positions is less than the maintenance margin, the available balance in the Futures Account will be added to that position and makeup for the initial margin to avoid Forced Liquidation. If the margin cannot be filled to the initial level after all balances are used, Forced Liquidation will be triggered. (Cross Margin is set as default mode)
- Assets in a Cross-margin account are shared by all positions;
- The margin level is calculated according to total asset value and debt in the Cross-margin account.
- The system will check the margin level of the Cross-margin account and once liquidation happens, all positions will be liquidated.
Isolated Mode: Under the Isolated Margin mode, the margin for each position is separated, not shared. Margins will not be added automatically when needed and must be added manually and promptly to avoid Forced Liquidation.
- The position is independent in each trading pair. If adding margin is required, even if you have enough assets, the margin will not be added automatically, and you may have to replenish manually.
- The margin level is calculated solely in each isolated margin account based on the asset and debt in the isolated.
- Risk is isolated in each isolated margin account. Once liquidation happens, it will not affect other isolated margins.
Will the modification of the leverage of the position affect the liquidation price of the position under Cross Margin mode?
Under cross margin mode, the liquidation price of the position will only change when the available balance of the account, the position size, the entry price of the position or the risk limit of the account are changed. Otherwise, the liquidation price will remain unchanged.
Note:
- If you have open position on specific pair, you cannot change the margin mode. You must change your pair and then you can switch between margin modes.
- If you have an open position in the Cross Margin Mode, you can increase/decrease the leverage by using the [Adjust Leverage] button.
- If you have an open position in the Isolated Margin Mode, you can increase/decrease the leverage by using the [Adjust Leverage] button.
- You can just “Add Margin” and “Remove Margin” in Isolated mode.