> For the complete documentation index, see [llms.txt](https://vortex-protocol.gitbook.io/vortex-protocol/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://vortex-protocol.gitbook.io/vortex-protocol/introduction/perpetual-futures-101/margin-trading.md).

# Margin Trading

Leverage controls how much of your position is borrowed. Borrowing more funds is riskier, amplifying both your gains and losses, while also giving your position a riskier liquidation price.

To open your position, you’ll need to have enough funds in your main account to cover the margin deposit.

> *Let’s say you want to open a **5X LONG** position on SEI-USDC with a position size of 1 SEI. The margin deposit for this position is 0.2 SEI, so you’ll need to have at least 0.2 SEI in your account to open this position.*

### **Margin Deposit/Trade Amount**

The margin deposit is your own personal stake **(equity)** in the position. The borrow/trade amount is the remaining portion of your position, consisting of **borrowed funds**.

> *When opening a position, you can lose no more than your margin deposit amount.*

### **Fee/Fee Amount**

Fees are accrued to Vortex Stakers and are also redirected towards both the Insurance Fund and the Liquidity Staking Pool.
