Margin
Margin requirements on Sidepit ensure positions are collateralized effectively while avoiding unnecessary capital lockup.
Initial and Maintenance Margins:
Initial Margin: A good faith deposit required to open a position (e.g., 0.002 BTC per $500 contract).
Maintenance Margin: The minimum collateral to keep the position open (e.g., 0.001 BTC).
Day Trading vs. Carrying Positions:
Day Trading: Requires only the maintenance margin.
Overnight Positions: Reduce available margin by the initial margin requirement at the day’s end.
Restricted Accounts:
If your balance drops below maintenance margin, your account becomes restricted:
Restricted accounts can only close positions.
Restrictions lift only after end-of-day settlements restore margin levels.
If losses exceed available margin, the account becomes exit-only, and only risk-reducing orders are accepted.
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