Why does my margin allowance exceed on Kraken and how can I fix it?

3 answers

• Jan 14, 2022 · 3 years ago
  It's possible that your margin allowance is being exceeded due to a combination of factors. One reason could be that you're taking on too much leverage, which increases your risk of liquidation. Another possibility is that the market is experiencing high volatility, causing your positions to move against you more quickly. To fix this, you can consider reducing your leverage or adjusting your risk management strategy. It's important to closely monitor your positions and set stop-loss orders to limit potential losses.
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• Jan 14, 2022 · 3 years ago
  Exceeding your margin allowance on Kraken can happen if you're not properly managing your positions. Make sure you have a clear understanding of how margin trading works and the risks involved. It's important to have a well-defined trading plan and stick to it. Additionally, regularly review your positions and adjust your leverage and risk management settings accordingly. If you're still having trouble, consider seeking advice from experienced traders or consulting Kraken's support team for assistance.
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• Jan 14, 2022 · 3 years ago
  I had a similar issue with my margin allowance on Kraken before. After reaching out to their support team, I learned that it was due to a temporary technical glitch. They quickly resolved the issue and provided me with a detailed explanation. I suggest contacting Kraken's support team through their website or live chat to report the problem. They have a dedicated team that can assist you in resolving any margin-related issues you may encounter.
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