Margin and Leverage

Margin Modes

Cross Margin is the default, sharing margin across all cross-margin positions for maximum capital efficiency.


Initial Margin and Leverage

Initial margin = position_size * mark_price / leverage

It's locked for the position; for cross-margin, unrealized PnL auto-contributes as new initial margin.

To balance leverage with stability, MC Markets uses tiered floating leverage. Larger positions require higher MMR and lower max leverage.

Example of Leverage Tiers:

Asset
Notional Amount N (USD)
Max Leverage L

Crypto (BTC/ETH/SOL)

0 – 500,000

50×

500,000 – 1,000,000

25×

Precious Metals (XAU/XAG)

0 – 2,000,000

200×

2,000,000 – 3,000,000

100×

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