The account mode you choose determines your gains, losses, and risk management strategies. These differences apply exclusively to cross margin trading—isolated margin mode segregates a portion of your assets, so variations between account modes don’t exist here.
Margin-Free Mode
- Trade spot or long options without collateral requirements.
Single-Currency Cross Margin Mode
- Trade spot, margin, expiry futures, perpetual futures, and options using a unified account after transferring assets to the cross margin pool.
- All positions settled in the same currency share a common margin balance, offsetting profits and losses automatically.
Multi-Currency Cross Margin Mode
- Trade all instruments (spot, margin, futures, options) by depositing assets into a multi-currency margin account.
- Margin calculations are based on the USD-equivalent value of your holdings.
- Auto-borrow feature: If a currency’s equity drops below zero due to overselling or contract losses, liabilities and interest accrue automatically.
Portfolio Margin Mode
- Trade all supported instruments under one account.
- Margin requirements are calculated using a risk-based model for efficiency. 👉 Learn more about portfolio margin
FAQ
Q: Can I switch between account modes?
A: Yes, but positions and collateral must be adjusted to meet the new mode’s requirements.
Q: Which mode is best for beginners?
A: Single-currency cross margin simplifies risk management by consolidating balances in one currency.
Q: How does portfolio margin reduce costs?
A: By netting correlated positions (e.g., offsetting futures with options), it lowers overall margin needs.
Q: Is leverage higher in multi-currency mode?
A: Leverage depends on the instrument and platform rules—not the account mode itself.
Q: What happens if my equity turns negative?
A: In multi-currency mode, you’ll incur a debt balance with interest until repaid.
Q: Are there fees for auto-borrow?
A: Yes, interest applies to borrowed amounts based on the currency’s rate.
This content is for informational purposes only. Crypto trading involves high risk and volatility. Consult a financial advisor to assess suitability.
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