What happens if my account receives a Margin Call and the Net Account Value increases above Maintenance Margin? (Global Futures)

1. If you receive a Margin Call before 6.00 PM MYT and the market subsequently goes in your favour and; your Net Account Value increases above Maintenance Margin Requirement Level but below Initial Margin Requirement level, you still 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.

2. If you receive margin call after 6.00 PM MYT and your Net Account Value increases above Maintenance Margin Requirement Level but below Initial Margin Requirement level, you still 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.