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'Margin allowance exceeded' error when opening a margin position
The availability of margin trading services is subject to certain limitations and eligibility criteria.If you try to open a position with margin that exceeds your margin allowance limits, you will see a "Margin allowance exceeded" error.

Solution:

Trade a different margin pair - margin allowance limits are independent for each currency.
For example, instead using the BTC/USD pair to go long on Bitcoin, you can use BTC/EUR instead.