What is a margin call?

If your net account value falls below the Maintenance Margin (‘MM’) requirement, we may issue a margin call, requiring you to deposit more funds or sell some securities. You are required to take actions within 48 hours.

If your net account value falls below our Forced Selling ('FS') requirement. On that, we may issue a margin call, requiring you to deposit more funds or sell some securities. You are required to resolve this margin call within 60 minutes.

Failure to meet our margin calls may result in Webull selling some of your current portfolio used as collateral to meet the margin call.

Margin Calls can be triggered by:

• The market value of your portfolio falls too far.

• A reduction in the security ratio (LVR) assigned to an investment in your portfolio at our discretion.

• A reduction in the Buffer amount at our discretion.

• An increase in your loan balance.

• A failure to make required payments such as interest.

• Any combination of these.