## What is the "Maintenance" amount referring to on the bitcoin exchange Bitcoinica?

4

I have tried out Bitcoinica, and although it is complicated i like it a lot!

What confused me is the "Maintenance" amount shown in the Account overview. It looks like it is not explained on the website.

If it is the fee, it is quite steep, i must say..

1

No, it relates to when you have a margin call for your open positions. From their FAQ:

i do not have open any positions or orders at the moment, yet i have Maintenance $52.23 Margin Balance$261.17. edit: now i got it. Maintenance is always Balance/5 since it is currently trading with a leverage of 1:5. – Andreas Petersson – 2011-09-09T21:33:58.573