Position opening, leverage, take-profit/stop-loss and liquidation rules with step-by-step answers to master OKX futures trading.
After completing KYC, enter OKX futures, read and agree to the futures agreement, and open your futures account.
Transfer USDT or the relevant coin from your funding account to the futures account as margin before trading.
Choose USDT-margined or coin-margined contracts and select the target pair. OKX supports perpetual and delivery contracts.
Select leverage and isolated or cross margin. Isolated mode isolates risk per position, cross mode shares account margin.
Decide to go long or short based on the market, entering the price and quantity. Market orders fill instantly, limit orders at a set price.
After opening, view the position page for quantity, entry price, margin and liquidation price, and set take-profit/stop-loss promptly.
Select the target contract on the futures page, then enter the order interface and find the leverage setting area.
OKX futures support 1x to 125x leverage. Use the slider or buttons to select, with higher leverage requiring less margin.
Higher leverage amplifies both gains and losses, bringing the liquidation price closer to entry. Assess your tolerance before setting.
In isolated mode each position calculates risk independently; in cross mode the account shares margin. Switch between them as needed.
After confirming leverage and mode, the system calculates required margin and liquidation price. Review before placing the order.
You can adjust leverage and margin in the position page while holding, noting that changes may affect the liquidation price.
These are preset trigger prices that automatically close positions when reached, locking in gains or capping losses.
In the order interface, set take-profit and stop-loss prices together when opening, which take effect automatically after entry.
If not set at entry, open the position details in the position page to add or modify take-profit and stop-loss prices.
Set take-profit at your target gain and stop-loss at your acceptable loss, avoiding levels too close that normal volatility may trigger.
When the market hits a trigger price, the system closes at market automatically, reducing emotional interference from manual monitoring.
After triggering, check the results in trade records and bills to evaluate the strategy and refine future plans.
Download the OKX App for up to 125x leverage and robust risk control in both market directions.
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