The Cross Margin's leverage logic will be similar to the leverage logic of Isolated. Therefore, trader can adjust the leverage under Cross margin mode only if there is no open position or order. If there is open position/order, the trader can not adjust the leverage.
Under cross margin mode, traders can set their own leverage.
- Initial Margin = Entry Price * Amount / Leverage
The concept of Initial Margin is only used to account for the amount of money held for Open Orders. When an order is converted into a Position, the concept of initial margin no longer exists and becomes margin
- Margin Maintenance = ∑ (Margin Maintenance rate * Margin of cross position )
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