Cross vs Isolated Margin FAQ
Before placing a trade, you can choose margin mode. Then, proceed to:
Margin mode on the Trading page
Select the button next to your leverage to view the two options: isolated and cross.
The isolated mode and cross mode are as below:
In isolated mode, only the margin allocated to that position is at risk. If the position is liquidated, other funds in your trading account are not used to cover that loss.
In cross mode, your available USDT balance in your trading account may be used across positions. This may reduce the likelihood of liquidation for a particular position, but losses on one position may affect other funds in the account.
With isolated mode, the estimated liquidation price is generally closer, but losses are limited to the margin allocated to that position. With cross mode, the estimated liquidation price may be further away, but more of your trading account balance may be exposed to loss.
Derivatives involve a significant risk of loss and may not be suitable for all investors. This information is general in nature and is not investment advice.
Disclaimer: Information about: digital currency exchange services is prepared by OKX Australia Pty Ltd (ABN 22 636 269 040); derivatives and margin by OKX Australia Financial Pty Ltd (ABN 14 145 724 509, AFSL 379035); and other products and services by the relevant OKX entities which offer them (see Terms of Service). This information is general in nature and does not take into account your objectives, financial situation or needs. You should do your own research and obtain professional advice, including to ensure you understand the risks associated with these products, before you make a decision about them. Digital assets are volatile and carry a high level of risk; you may lose some or all of your investment. Crypto derivatives carry significant risk. You could lose all of the USDT deposited in your trading account. Past performance is not indicative of future performance. Read our Terms of Service and Risk Disclosure Statement for more information. For crypto derivatives for retail clients, read the Product Disclosure Statement (PDS) and Financial Services Guide (FSG), and refer to the Target Market Determination (TMD) on our website.