How Do I Get Out of a Margin Call on Pluang?
To get out of a margin call you have to raise your Margin Level — the ratio of Equity to the margin in use — back to 100%. There are two ways to do it. The first is to add funds to your USD Margin wallet, which you can do by transferring from your USD balance or your IDR balance; this lifts Equity directly and pulls the ratio back up. The second is to sell some of your open leveraged positions until the Equity-to-margin ratio returns to 100%; closing a position releases the margin it was holding, which shrinks the margin in use; its unrealised loss becomes realised and comes out of Balance, so Equity itself does not rise. You can also combine the two. While you remain in a margin call, between 70% and 99% Margin Level, you cannot open new positions and your Withdrawable Cash is $0.
- Equity is a margin figure, not your portfolio total. The Equity shown on your USD Margin wallet — Balance plus unrealised profit or loss — is what Margin Level is calculated from. In your portfolio totals, leveraged US Stocks count at your own money plus unrealised profit or loss, and any unused wallet balance shows under Cash. The Leverage tab under Assets still headlines your full position value as Leveraged US Stocks Value, with your own share shown below it as Equity Value.
- The goal: Raise your Margin Level — Equity divided by margin in use — back to 100%.
- Option 1 — add funds: Transfer into USD Margin from your USD balance or your IDR balance to lift Equity.
- Option 2 — close positions: Sell open leveraged positions until the Equity-to-margin ratio returns to 100%.
- How closing helps: It releases the margin the position was holding, shrinking the margin in use. Its unrealised loss becomes realised and is taken from Balance, so Equity stays the same.
- You can combine both: Partial funding plus partial closing is a valid route back to 100%.
- While in margin call: Margin Level 70%–99%: no new positions can be opened and Withdrawable Cash is $0.
- If it falls below 30%: Forced liquidation begins, auto-selling from the largest loss first until Margin Level reaches 70%.
Related questions:
Q: Which of the two options should I choose?
It depends on whether you still want the exposure. Adding funds keeps your positions intact but commits more capital to a position already moving against you. Closing positions reduces your exposure and frees margin immediately without new money. Neither is universally correct — the decision is about how much leveraged exposure you want to be carrying, not about which route is mechanically better.
Q: How exactly does adding funds fix the ratio?
Margin Level is Equity divided by the margin in use. Transferring money into USD Margin raises Balance, and because Equity is Balance plus unrealised profit and loss, Equity rises by the same amount. The margin in use is unchanged, so the ratio climbs. You need to add enough for the ratio to reach a full 100%, not merely to improve it. Adding a token amount will lift the ratio without actually ending the margin call.
Q: Which position should I close to lift my Margin Level the most?
Usually the one holding the most margin. Closing a position helps through the margin it frees, not by erasing its loss: the unrealised loss becomes realised and comes out of Balance, so Equity stays the same while the margin in use shrinks. That means the position holding the most margin lifts your Margin Level the most, whether or not it is your worst performer.
Q: What happens if I do nothing?
The margin call persists while your Margin Level stays between 70% and 99%, during which you cannot open new positions and cannot withdraw. If prices keep moving against you and the Margin Level falls below 30%, Pluang begins forced liquidation, automatically selling your positions starting with the largest loss until the Margin Level is back at 70%. Note that 70% still sits inside margin call territory, so further action remains necessary afterwards.