What should I do if I have a Margin Call? (Global Futures)

If your account falls near to or below the Maintenance Margin level, you will receive a Margin Call.

1. If you receive margin call before 6:00 PM MYT, you will need to either:

i. Deposit more funds (USD) into your Global Futures account to bring your Net Account Value back up to the required margin level (Initial Margin Requirement) before 9.00 PM MYT on Trading Day (T-Day) or;

ii. Close part or all of your outstanding futures position(s) to meet the full Initial Margin Requirement. Otherwise, partial or full Forced Liquidation of your position(s) will be executed at 9.00 PM MYT. This forced liquidation will be done on a first-in, first-out (FIFO) basis and on a best-effort basis to ensure that your Net Account Value meets the required Initial Margin level.

Note: Forced liquidation of futures contracts for agricultural products will be executed at 9:30 PM MYT.

2. If you receive margin call after 6:00 PM MYT, you will need to either:

i. Deposit more funds (USD) into your Global Futures account to bring your Net Account Value back up to the required margin level (Initial Margin Requirement) before 8:00 AM MYT (on the next trading day) or;

ii. Close part or all of your outstanding futures position(s) to meet the full Initial Margin Requirement. Otherwise, partial or full Forced Liquidation of your position(s) will be executed at 8:00 AM MYT (on the next trading day). This forced liquidation will be done on a first-in, first-out (FIFO) basis and on a best-effort basis to ensure that your Net Account Value meets the required Initial Margin level.

Note: Webull Malaysia will charge 8% interest per annum calculated on a daily rest basis based on the margin call amount after the market closes. The interest will accrue on a daily basis, and deducted from your cash balance on the 1st day of the following month.