What Is Cross-Margin versus Isolated Margin?

Isolated margin dedicates a specific, limited amount of collateral to a single position, isolating the risk; if the position is liquidated, only that margin is lost. Cross-margin uses the entire available balance in the trading account as collateral for all open positions.

This spreads the risk but also means a single losing position can deplete the entire account balance, increasing the risk of full liquidation.

What Is ‘Isolated Margin’ versus ‘Cross Margin’ in the Context of Perpetual Futures Trading?
What Is the Difference between Cross Margin and Isolated Margin in Perpetual Swap Trading?
What Is ‘Cross Margin’ versus ‘Isolated Margin’?
How Does Cross-Margin Differ from Isolated Margin in Derivatives Trading?
How Does the Choice of Margin Type Affect the Liquidation Price?
Define ‘Cross Margin’ versus ‘Isolated Margin’ in Futures Trading
Explain the Difference between ‘Isolated Margin’ and ‘Cross Margin’
How Does “Cross-Margin” Differ from “Isolated Margin” in a CEX?