My balance is $0 after a deposit

Why a deposit can leave no available balance when you have open positions.

A deposit increases your account value, but it may not increase your available balance. Legend uses cross margin by default, so a new deposit becomes shared collateral for your open positions.

Your available balance can stay at $0 when:

  • Your open positions have unrealized losses.
  • Margin is reserved for open positions or open orders.

What to do

  • Look at your account value, not only your available balance. The deposit is included there.
  • Close a position, reduce a position, or cancel open orders to free margin.
  • Deposit more funds.

Read Account equity, available balance, and margin for the full explanation.

Related: Why can't I withdraw my full balance?

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