How to trade on EXMO Margin

Margin trading is a type of trading that involves borrowed funds. At EXMO Margin, you can use leverage to trade with larger volumes. With this, you keep all your profits while only paying a fee.

How to start trading on EXMO Margin

Registration and verification

To start trading on the margin platform, you first need to register and verify your identity on the EXMO spot exchange. We have prepared a detailed video on how to pass verification.

If you already have a verified account, simply log into EXMO. Then go to EXMO Margin and accept the User Agreement.

Depositing

To top up your balance, you need to transfer funds from your EXMO spot wallet. All transfers between spot and margin exchange platforms are fee-free. Please note that you already need to have funds in your spot wallet to top up your margin account.

To make a deposit, you need to:

• On the EXMO margin platform, hover over the balance section in the upper right corner and click “Deposit”.
• Read and accept the Funds Transfer Agreement.
• In the pop-up window, click the “Deposit” button and specify the deposit amount.

Position opening

After topping up your balance, you can start trading crypto using leverage. Traders usually open long positions to profit from the growing market and short ones to make money during a downtrend. Now, let’s take a look at the margin trading mechanism using a long position as an example:

• Select a trading pair and order type.
• Set the leverage size.
• Enter the amount of crypto and click “Buy”.

The dollar equivalent will be displayed automatically. Once your order is executed, you can track your position under the chart in the “Positions” section, where all open positions are displayed. In this section, you can see the main position parameters including quantity, base price, current market price and liquidation price.

Position liquidation

EXMO offers isolated margin trading. This means that losses in one position cannot be covered by gains in another. Thus, when your position is liquidated, you cannot lose more than the size of margin allocated to this position.

Margin is the collateral required to use leverage. Simply put, this is the amount that is “locked” on your account until the position is closed. These funds serve as a guarantee that traders will be able to pay off their obligations if the price goes against their position.

Let’s take a closer look at two important margin concepts: margin call and liquidation price.

The margin call price is the price at which you can expect a margin call – a request to add margin to your position. For example, if you open a long position, but the price starts falling instead of growing and the level of margin collateral falls significantly, you will receive a margin call. To avoid liquidation, you can add margin right on the chart when editing a position.

The liquidation price is the price at which the exchange triggers position liquidation. For instance, if the price continues to fall and the margin level falls below the critical level, the platform will liquidate your long position to avoid risks.

Position editing and closing

Once you are ready to take profit on a position, you can close it right on the chart by clicking the cross symbol. You can also edit your position simply by clicking it on the chart. Please note that if you wish to close the position automatically, a market order will be placed.

Funds withdrawal

The final step is, of course, withdrawing profits. To do this, you need to transfer funds to your spot account on EXMO.

• Go to the “Balance” section and click on the “Withdraw” button.
• In the pop-up window, enter the amount you wish to withdraw or select the desired percentage of the total balance.

The transaction will appear in your transaction history and the funds will be transferred to your spot account almost instantly.

Currently, EXMO Margin is available for traders from: Andorra, Antigua and Barbuda, Argentina, Armenia, Azerbaijan, Bahrain, Benin, Bhutan, Botswana, Brazil, Brunei, Cabo Verde, Cameroon, Chile, Colombia, Comoros, Costa Rica, Djibouti, Dominica, Dominican Republic, El Salvador, Eswatini (fmr. “Swaziland”), Fiji, Gabon, Gambia, Georgia, Grenada, Guatemala, Honduras, India, Indonesia, Kiribati, Kuwait, Kyrgyzstan, Lesotho, Liberia, Madagascar, Malawi, Maldives, Marshall Islands, Mauritania, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montenegro, Namibia, Nauru, Niger, Nigeria, Oman, Palau, Papua New Guinea, Paraguay, Peru, Philippines, Rwanda, Saint Kitts and Nevis, Saint Lucia, Samoa, San Marino, Sao Tome and Principe, Serbia, Sierra Leone, Solomon Islands, Suriname, Tajikistan, Tanzania, Thailand, Timor-Leste, Togo, Tonga, Turkey, Turkmenistan, Tuvalu, Ukraine, United Arab Emirates, Uruguay, Uzbekistan, Vietnam and Zambia.

Now, you know how to trade using leverage, open and close positions, as well as withdraw funds. Trade crypto on EXMO Margin to increase your potential profits.