Differences Between Account Modes
| Classic Spot Mode | Single-Currency Margin Mode | Multi-Currency Margin Mode | Portfolio Margin Mode | |
|---|---|---|---|---|
| Target Users | Regular Traders | Regular Traders | Professional Traders | Advanced Hedge Traders |
| Scope of Services | - Spot | - Spot - USDT-M Perpetual Futures - Options |
- Spot - Cross Margin - USDT-M Perpetual Futures - Options |
- Spot - Cross Margin - USDT-M Perpetual Futures (8 Markets) - Options (8 Markets) |
| Support Using Simple Earn Funds as Margin |
No | Yes | Yes | Yes |
| Support Spot Hedging |
No | No | No | Yes |
| Entry Requirements | None | None | Total Account Asset Value ≥ 500 USD |
Total Account Asset Value ≥ 10,000 USD |
| Risk Control Rules | With isolated trading types and risks, one account's loss won't have a ripple effect on others. The unrealized PnL across different trading types cannot be offset. | Isolate USDT from other assets, and only USDT assets will be affected in liquidation. | PnL across different trading types can offset each other, but liquidation could wipe out your entire margin. | PnL across different trading types can offset each other, but liquidation could wipe out your entire margin. |
| Futures Mode | USDT-M Perpetual Futures Supports Cross/Isolated Margin |
USDT-M Perpetual Futures Supports Cross/Isolated Margin |
USDT-M Perpetual Futures Supports Cross/Isolated Margin |
USDT-M Perpetual Futures Supports Cross Margin Only |
| Futures Position Mode | One-Way Mode Hedge Mode Hedge Split Mode |
One-Way Mode Hedge Mode Hedge Split Mode |
One-Way Mode Hedge Mode Hedge Split Mode |
One-Way Mode Only |
| Borrowing Scope | Borrowing Not Supported | Borrowing Not Supported | Manual Borrowing Auto Borrowing |
Manual Borrowing Auto Borrowing |
| Margin Details |
—— | - USDT assets serve as margin for futures and options - Futures unrealized profits and the USDT flexible subscriptions in Simple Earn can be used to open positions. |
- USD value of multiple assets serves as margin for Cross Margin, Futures, and Options. - Futures unrealized profits and flexible Simple Earn subscriptions can be used to open positions. |
- USD value of multiple assets serves as margin for Cross Margin, Futures, and Options. - Futures unrealized profits and flexible Simple Earn subscriptions can be used to open positions. - All positions of the same underlying coin are grouped as a risk unit. Margin is calculated after risk hedging within each risk unit. |
Differences in Margin and Risk Control Rules Across Modes
1. Single-Currency Margin Mode
Single-Currency Margin Mode - Margin Requirements and Risk Control Rules | Gate.com
2. Multi-Currency Margin Mode
Multi-Currency Margin Mode - About Margin and Terminology | Gate.com
Multi-Currency Margin Mode - Risk Control Mechanism | Gate.com
3. Portfolio Margin Mode
Portfolio Margin Mode - About Margin and Risk Control Mechanisms
Functional Differences Across Modes
1. Classic Spot Mode
Classic Spot Mode functions the same as before the upgrade. The asset page and trading page display asset balances under each trading type, and the assets shown in the Unified Account correspond to the original Spot balances.
2. Single-Currency Margin Mode
At the Unified Account level, key fields include IMR, MMR, and Margin Balance. Since only USDT is supported as margin in this mode, IMR represents the initial margin ratio for USDT-M positions, MMR represents the maintenance margin ratio for USDT-M positions, and the margin balance also reflects USDT margin. Liquidation affects only USDT assets.
Single-Currency Margin Mode supports enabling Simple Earn funds as margin. When enabled, USDT assets in Simple Earn flexible subscriptions are included in the Unified Account margin, helping reduce liquidation risk caused by derivatives market volatility.
3. Multi-Currency Margin Mode
In Multi-Currency Margin Mode, the USD value of multiple assets serves as margin. IMR refers to the account initial margin ratio, MMR refers to the account maintenance margin ratio, and the margin balance reflects the account margin value. Liquidation may involve wiping out all assets used as margin across multiple currencies.
This mode supports enabling Simple Earn funds as margin. When enabled, all eligible Simple Earn flexible assets are automatically included in the Unified Account margin, further reducing liquidation risks caused by market fluctuations.
Multi-Currency Margin Mode also supports customizing which assets are used as margin. If you do not want all currency assets to serve as margin, you may freely select specific currencies for inclusion.
This mode includes Cross Margin and supports both manual and automatic borrowing/repayment. Liabilities can be viewed on both the asset page and the trading page.
4. Portfolio Margin Mode
In Portfolio Margin Mode, the USD value of multiple assets serves as margin. Liquidation may involve wiping out all assets used as margin across all currencies.
Like Multi-Currency Margin Mode, Simple Earn funds can also be used as margin. When enabled, all eligible Simple Earn flexible assets are included in the Unified Account margin, further reducing the risk of liquidation during market volatility.
Portfolio Margin Mode supports Spot Hedging. When Spot Hedging is enabled, coin equity participates in the risk unit hedging mechanism, helping offset risks across correlated positions.
This mode includes Cross Margin and supports both manual and automatic borrowing/repayment. Liabilities can be viewed on both the asset page and the trading page.
