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Home/Glossary/Margin call

Futures · Rookie

Margin call

By Omer Rapaport · Content updated 11 September 2026

What does Margin call mean?

A margin call is a demand for additional collateral after an account no longer meets its margin requirement. A provider may also liquidate positions according to its terms.

Example

A broker requires funds to restore the account to the specified margin level.

Illustrative example; not a provider’s quoted offer.

Why it matters for prop traders

Do not assume a warning or a grace period will precede liquidation.

Sources and further reading

The following primary sources support the terminology. Provider rules describe their own products and may change.

  • CME Group - Futures margins

Related terms

  • Initial margin
  • Maintenance margin
  • Backwardation
← All 181 terms

Frequently asked questions

Will I always receive a warning before liquidation?

Do not assume a warning or a grace period will precede liquidation.

Sources: CME Group - Futures margins

What is a practical example of Margin call?

Illustrative example: A broker requires funds to restore the account to the specified margin level.

Sources: CME Group - Futures margins

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