In order to provide OKX traders with an even better and more capital efficient trading experience, we are proud to announce the launch of portfolio margin mode on OKX. The new mode is available on OKX for high-volume professional and API traders as of 07:00 am UTC, Nov. 1.
Portfolio margin mode is the fourth account mode now available under the OKX unified account system, in addition to simple, single-currency margin and multi-currency margin modes. The different trading modes offer access to different instruments and are designed for various levels of experience and risk appetite.
Portfolio margin mode is designed for high-volume professional users, market makers and institutions looking to greatly improve capital efficiency, especially when trading cryptocurrency derivatives.Compared with the three existing trading modes — which charge margin based on a trader's total position — in portfolio margin mode, margin is calculated based on risk exposure.
Derivatives margin can be greatly reduced when positions are better hedged, which helps traders achieve higher account fund utilization.
Qualifying traders (those with $100,000 or more in their OKX trading account) can experience the significant benefits of trading with portfolio margin mode via the API or on the web version of the platform. Portfolio margin mode is also set to be available via the OKX app by the end of this month.
How to start trading with portfolio margin mode trading on OKX
- Go to the trading dashboard (select "Trade" in the main navigation and then "Margin Trading")
- Click on the settings symbol in the top right corner of the trading dashboard page
- Select "Account mode" to change your mode
- Click the blue "Activate" button under portfolio margin to upgrade to that mode
If you would like to learn more about our solutions for institutional and professional traders, please reach out directly to our team at mmcorporate@OKX.com.
Nov. 1, 2021