What Is a Unified Account?
The Unified Account is a revolutionary trading system introduced by OKX. It enables users to trade seamlessly across spot and derivatives markets in multiple currencies using a single account—eliminating the need for fund transfers between separate accounts. This streamlines the trading process and enhances efficiency.
Key benefits include:
- Cross-balancing of profits/losses across different trading lines, optimizing fund utilization.
Four distinct account modes catering to diverse user needs:
- Spot Mode
- Spot & Futures Mode
- Multi-Currency Margin Mode
- Portfolio Margin Mode
Below is a detailed breakdown of each mode:
| Account Mode | Features | Requirements |
|---|---|---|
| Spot | - Supports spot trading and long options. - Margin trading unavailable. | Activated by default for first-time users. |
| Spot & Futures | - Includes spot, margin, perpetuals, futures, and options. - Margin modes: isolated or single-currency cross-margin. - Profits/losses offset within the same currency. | Complete a questionnaire to enable. |
| Multi-Currency Margin | - All derivatives share margin. - Cross-currency profit/loss offsetting. | Minimum equity of $10,000 in the Unified Account + questionnaire completion. |
| Portfolio Margin | - Advanced cross-portfolio margin sharing. - Derivatives margins can offset each other. | Minimum equity of $10,000 + questionnaire completion. |
👉 Explore OKX’s Unified Account Features
How to Configure Your Account Mode
- Navigate to "Settings" > "Account Mode".
- Note: Changing modes requires canceling all pending orders and closing open positions.
- For inactive modes, complete the activation steps (e.g., a questionnaire).
Sub-Accounts:
- Each sub-account can be configured independently.
- Manage modes via the main account’s sub-account page.
FAQ Section
Q1: Can I switch account modes anytime?
A: Yes, but only after closing all positions and canceling orders.
Q2: Is there a minimum balance for Multi-Currency Margin Mode?
A: Yes, you need at least $10,000 in your Unified Account.
Q3: Do sub-accounts share the same mode as the main account?
A: No, each sub-account can be set to a different mode.
Q4: How does profit/loss offsetting work?
A: Gains in one derivative can neutralize losses in another under cross-margin modes.
👉 Learn More About OKX’s Trading Solutions
Final Notes:
- The Unified Account simplifies trading while maximizing capital efficiency.
- Always ensure compliance with mode-specific requirements before activation.
For further details, visit OKX’s official documentation.