Trading on Margin

Trading on Margin

Futures contracts are traded on margin enabling clients to leverage a small margin deposit for a much greater market effect.

Initial Margin

The initial margins listed in Online contracts specification are the collateral per contract that clients must have in their account to open a position.

Maintenance Margin

The Maintenance Margins listed per each online futures contract can be seen in the Futures Trading Conditions section of the trading platform.

You must maintain the Maintenance Margin listed per contract in your account at all times.

See all initial and maintenance margin

Margin Call

It is your responsibility to ensure that the required margin collateral, as listed in the Account Summary on the trading platforms, is maintained at all times. If the funds in your account fall below this margin, you will be subject to a margin call where you must either:

  • Reduce the size of the open margin positions and/or
  • Provide more funds (margin collateral) to the trading account.

When the required margin exceeds your margin collateral, you are at risk of a stop-out. In such a circumstance, Saxo Capital Markets is entitled to close ALL your margin positions on your behalf.

Risk Warning

Trading risks are magnified by leverage – losses can exceed your deposits. Trade only after you have acknowledged and accepted the risks. You should carefully consider whether trading in leveraged products is appropriate for you based on your financial circumstances. Please consider our Risk Warning and General Business Terms before trading with us.