What's Selected Margin?
Selected Margin is one of two margin modes available when trading X-Perps on OKX EEA; the other being Isolated Margin. Rather than allocating a fixed amount to each individual trade, your collectively selected assets act as a shared pool of collateral supporting all your open positions. Only the assets you explicitly select will count toward your margin balance.
How do I set it up?
Setting up Selected Margin is a two-step process as below:
Go to the X-Perps margin settings and choose which assets you want to designate as collateral.
Transfer those assets from your Funding Account to your Trading Account. Assets that remain in your Funding Account will not be recognised as margin, even if they have been selected.
Which assets are eligible?
A range of assets are supported as Selected Margin collateral at launch, including: USD, EUR, USDC, USDG, BTC, ETH, SOL and DOGE. Note that each asset may be subject to a haircut, meaning its effective collateral value may be lower than its current market value depending on the asset's volatility and liquidity profile.
Am I able to change my selected assets after I've started trading?
Yes. You can add or remove assets from your selection at any time through the X-Perps margin settings.
However, removing an asset, or transferring it back to your Funding Account, will reduce your available margin and could impact your open positions. Review your margin ratio carefully before making any changes.
How does my margin balance change over time?
Your margin balance reflects the combined value of your selected assets held in your Trading Account. As market prices fluctuate, so does the value of your collateral. A decline in collateral value will reduce your margin ratio, which can lead to a margin call or liquidation if it falls below the required maintenance level. If your margin ratio drops below the maintenance margin threshold, your positions may be partially or fully liquidated to prevent a negative account balance. We recommend enabling notifications in your account settings so you can act before liquidation occurs.
What's the difference between Selected Margin and Isolated Margin?
You can choose between Selected Margin and Isolated Margin during the trade process. With Isolated Margin, a fixed amount of a single asset is allocated to one specific position, and your maximum loss on that position is limited to that allocated amount. With Selected Margin, a pool of assets you have chosen supports all your open positions collectively. This can improve capital efficiency across multiple positions, but it also means a loss on one position draws from the same collateral pool as your others.
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Disclaimer: X-Perps (Expiry futures) are leveraged derivatives. Leverage can amplify gains and losses. Losses may occur quickly and these products may not be suitable for all investors. OKX Europe Markets Limited is authorised and regulated by the Malta Financial Services Authority under the Investment Services Act.