How to trade using margin on Kraken Pro
The availability of margin trading services is subject to certain limitations and eligibility criteria.
Margin trading on Kraken lets you use funds extended to you by Kraken to trade larger positions than your account balance alone would allow.
While this can amplify profits, it also increases potential losses. Be sure to understand the added risks, fees, and collateral requirements before getting started. Margin trading is available on Kraken Pro's website and mobile app, as well as Kraken Desktop.
- 1
Pick your market: Using the search bar on the top left corner of the Trade page, find the market you'd like to trade. You may use the Margin filter to view a full list of our margin markets.
Also, you'll notice that all margin markets have a multiplier next to their pairing. (5x, 4x, 3x, or 2x) Remember this to easily identify margin markets in the future.
- 2
Enable margin & fill out the order form: At the top of the Order Form widget, you'll notice a toggle to enable margin. Next to this toggle is your available cash to trade. All trades executed with the margin toggle enabled will either open, or close a position.
With margin enabled, fill out the order form to your liking. The video above demonstrates opening a $100 long position on Bitcoin.
- 3
Review and manage: After you've opened a position, you'll be able to review details from the Position widget. To see more information about a position, click the open position to open the position summary.
While positions are open, it is good practice to keep an eye on your margin health, collateral value, and other margin related metrics. You may do so on the Margin page under your portfolio.
