Glossary

What is Isolated vs cross margin

Isolated — only the position's own collateral backs it, and that is what liquidation takes. Cross — the position draws on the whole free balance, and liquidation can take more.

How it works

Example

A $10,000 balance, a cross-margin position with no stop: in a big adverse move the whole balance is at stake, not just $3,403 of margin.

Common mistake

Running cross margin and "forgetting" the stop.

Read next

Frequently asked questions

Where can I learn Isolated vs cross margin step by step?
In the Trading OS Academy: “Leverage is sizing, not greed”.
What is Isolated vs cross margin related to?
Margin; Liquidation; Leverage.

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