InsiderFlowGlossary › What is margin (in trading)?

What is margin (in trading)?

Margin is the capital your broker requires as collateral for leveraged positions: your skin in the game.

To control $10,000 of stock at 10x leverage, the broker asks for $1,000 of initial margin. While the position is open, a maintenance margin must also remain: if losses eat into it, the margin call arrives.

If you don't top up, the broker liquidates your positions automatically, often at the worst moments. Cascading forced liquidations are one of the mechanisms that accelerate market crashes.

Concrete example

In the 1929 crash investors bought stocks with 10% margin: when prices fell, cascading margin calls turned a correction into a catastrophe.

How you see it in InsiderFlow

On InsiderFlow these concepts come alive on real data: what big funds and insiders are buying, explained every day.

Frequently asked questions

What is a margin call?

The broker's demand to deposit more capital to cover losses, on pain of forced position closure.

Does margin apply to normal investing?

No: buying stocks or ETFs without leverage, margin doesn't exist. It's a concept of derivatives and securities lending.

Related terms

What is leverage?What is a broker?What is short selling?