Margin Level

Categories: Investing and Trading, Brokerages,

A percentage value based on the amount of available usable margin versus used margin. If the margin level is less than 100% the brokerage may freeze opening new orders. If the margin level is lower than the margin call level, the brokerage may automatically close your open orders and prevent further trading. The formula used to calculate the margin level is ( Equity / used margin ) x 100.