Differences Between the Margin Modes Under the Unified Trading Account

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Соңғы жаңарту: 2025-09-18 17:04:44
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The Unified Trading Account supports three (3) margin modes: Isolated Margin, Cross Margin, and Portfolio Margin.

Please note that Cross Margin mode is the default setting. 


Read More
Trading Rules: Liquidation Process (UTA)
How Does Portfolio Margin Benefit a Trader?


 

The main differences between the three (3) modes are as follows:
 

 

Isolated Margin

Cross Margin
(By Default)

Portfolio Margin

User Profile

Spot and Derivatives Traders

Spot and Derivatives Traders

Professional Derivatives Traders

Supported Products

Spot

USDT Perpetual

USDC Perpetual & Futures

Spot

Margin Trading

USDT Perpetual

USDC Perpetual & Futures

Options

Spot

Margin Trading

USDT Perpetual

USDC Perpetual & Futures

Options

Criteria Required

No

No

Net Equity ≥ $1,000 USD

Position Mode

One-way Mode

Hedge Mode (USDT-Perp Only) 

One-way Mode

Hedge Mode
(USDT-Perp Only) 

One-way Mode

Margin Rate (Account Based)

Not applicable

Initial Margin Rate

Maintenance Margin Rate

Initial Margin Rate

Maintenance Margin Rate

Asset Mode

Single Asset Mode

 

For example, USDT can only be used to trade USDT contracts, while USDC can only be used for trading USDC contracts.

Multiple-Assets Mode

 

All collateralized assets are converted into USD value for Derivatives trading.

 

Multiple-Assets Mode

 

All collateralized assets are converted into USD value for Derivatives trading.

 

Leverage Settings

Different leverage can be set for long and short positions.

Hedged positions (long and short positions) can only be set with the same leverage. 

Not applicable

Liquidation Price Type (Derivatives)

Actual Liquidation Price 

Est. Liquidation Price

Est. Liquidation Price

Liquidation Trigger Criteria

Liquidation is triggered when Mark Price reaches Liquidation Price.

Liquidation is triggered when Account Maintenance Margin Rate reaches 100%.

Liquidation is triggered when Account Maintenance Margin Rate reaches 100%.

Supports Spot Margin Trading? 

No

Yes

Yes

Able to offset P&L of Derivatives Positions?

No

Yes

Yes

Able to use unrealized profits to open new positions?

No

Yes

Yes

Support Auto Margin Replenishment 

Yes

No

No

Support Borrowings

No

Yes

Yes

Criteria to Switch between Margin Modes 

Switch from Cross/Portfolio Margin mode to Isolated Margin mode:

 

1. Your account does not have any Options orders or positions

2. No Spot Margin Trading Orders

3. Your account has sufficient assets to cover the increased position margin required

4. No existing borrowings 

5. Spot Margin Trading has been disabled

6. If you currently hold a USDT Perpetual or USDC contract position, the mark price of the Symbol should not be worse than the liquidation price of the position after switching

Switch from Isolated/Portfolio Margin mode to Cross Margin mode: 

 

1. Your Initial Margin rate must be equal to or less than 80% after switching mode

2. The leverage used for hedged positions (long and short positions) must be the same



 

Switch from Isolated/Cross Margin mode to Portfolio Margin mode: 

 

1. Your Initial Margin rate must be equal to or less than 80% after switching mode

2. Your account does not have any orders or positions in Hedge mode



 

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