What Is ‘Cross Margin’ versus ‘Isolated Margin’?

Isolated margin dedicates a specific, isolated amount of collateral to a single position, limiting potential losses to that collateral only. Cross margin uses the entire available margin balance in the account as collateral for all open positions.

If one cross-margined position faces liquidation, the entire balance is at risk, but it also helps prevent liquidation for longer.

How Does Cross-Margin Differ from Isolated Margin in Derivatives Trading?
What Is ‘Cross Margin’ versus ‘Isolated Margin’ in Relation to Margin Calls?
What Is Cross-Margin versus Isolated Margin?
How Does a Cross-Margin Account Differ from an Isolated-Margin Account?
How Does a “Cross-Margin” Account Differ from an “Isolated-Margin” Account during Liquidation?
Which Margin Mode Is Riskier for a Beginner Trader?
What Is the Difference between ‘Cross Margin’ and ‘Isolated Margin’?
How Does ‘Unrealized P&L’ Affect Cross Margin?

Glossar