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What is the final margin required in a basket order?

What is the final margin required in a basket order? Find a clear answer in this FAQ by 021 Trade.

In a basket order, the required margin is the total amount needed to execute all the orders included in the basket. If sufficient margin is not available, the basket order will not start executing.

For example, if your basket contains three buy orders of โ‚น1000, โ‚น1200, and โ‚น800, the total required margin will be โ‚น3000.

If you want to know how to place a basket order, click here.