Margin Related

Here we clarify some of the terminology associated with margin trading.

Wallet balance

Your wallet balance consists of the sum of your Deposit and Realised PNL minus your withdrawals.

Unrealized PNL

It consists of current profit and loss from all your open positions.

Margin Balance

Your total equity held with the exchange, so the sum of your wallet balance and unrealized PNL.

Position Margin

The portion of your margin that is assigned to the initial margin requirements on your open positions. This is the entry value of all contracts you hold divided by the selected leverage, plus unrealized PNL.

Order Margin

The portion of your margin that is assigned to the initial margin requirements on your open orders.

Available Balance

Your margin available for new positions, so your margin balance minus your order margin and position margin.

FAQ1: How much of my margin balance should I use?

Using a portion of your margin balance and not the entire balance is recommended.

FAQ2: How can I strengthen my positions?

You can keep more funds or marginalized assets in our platform to give a cushion of funds that can support the trade should you experience an initial blip before moving in the right direction.

FAQ3: What is the difference between Position Margin and Order Margin?

Position Margin is the amount of margin that is allocated to open positions, meaning orders that have already been executed, Order Margin is the minimum amount of equity required to maintain your orders open while they wait to be executed.

If you have any more questions contact us on Telegram or send us an email at support@phemex.com

Updated on December 4, 2019

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