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Essential

Deposit Margin

The upfront collateral exchanges demand before your order works: skin in the game.

Quick answer

Deposit margin is the collateral posted to open a leveraged position. It is the venue protection against your losses, adjustable upward at any time.

Definition

Deposit margin, usually just called margin on derivatives venues, is the collateral you must post before opening a leveraged position. Exchanges set minimums per contract; brokers often demand more. Fall below maintenance levels and the venue liquidates you without asking.

How It Works

  • Posted in cash before positions open
  • Set per contract by the exchange minimum
  • Brokers can require above the minimum

Trading Tips

1

Keep multiples of minimum margin free at all times

2

Expect hikes before events and expiries

3

Liquidation starts at the venue math, not your opinion

Deposit Margin Example

Say crude futures require $6,000 deposit margin per contract while your broker asks $8,000. You post the broker figure; a $2,000 adverse move triggers their call although the exchange minimum still holds. House rules beat venue rules.

How Traders Use Deposit Margin

Fund multiples above minimums so normal noise never approaches a call. Read margin schedules before events, because hikes land exactly when volatility peaks.

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