Brokers & Accounts
Intermediate
Margin Level
Also called: margin %
Account equity as a percentage of used margin — the key metric brokers watch for margin calls.
Definition
Margin level above 1000% = comfortable. Below 200% = approach margin call territory. Below 100% = margin call. Below stop-out level (typically 20–50%) = broker auto-closes worst trades.
Formula
Margin Level = (Equity / Used Margin) × 100%