Liquidation

Liquidation is driven by margin balance, maintenance margin, mark price, and venue rules. A simple buffer checklist can prevent leverage from becoming accidental all-or-nothing risk.

Before opening a leveraged perpetual futures trade, traders should check margin, leverage, stop logic, funding fees and account-level exposure.

Cross margin shares collateral across positions, while isolated margin fences risk inside one pair or position. Beginners should choose the mode before thinking about leverage size.

A beginner futures workflow should start with eligibility, demo mode, contract selection, isolated margin and visible exit rules before any live leverage.