Teminat seviyesi

What is Margin Level in Forex and CFD Trading

Margin level is a real-time risk metric, expressed as a percentage, that compares an account’s Özkaynak to the total Used Margin for all open positions. This ratio is the primary indicator of an account’s health and its proximity to a Margin Call or Stop Out event, detailed further in our forex sözlüğü. A low Margin level signals high leverage and minimal buffer for losses. Conversely, a high Margin level (such as 1000%) indicates low leverage and high safety. Traders can verify it directly in the Terminal or Trade window of MT4, MT5, or TraderEvolution.

Key Facts

• Tanım: A ratio indicating how much capital (Equity) a trader has relative to the amount locked as collateral (Used Margin).
• Formül: Margin Level = (Equity / Used Margin) × 100%
• Unit: Always expressed as a percentage (e.g., 500%, 120%).
• Margin Call Threshold: Broker-defined level, typically 100%–120%, at which a trader receives a warning or cannot open new trades.
• Stop Out Threshold: Broker-defined level, commonly 50%, at which the platform automatically begins closing positions.
• Sensitivity: Margin level changes constantly with floating PnL — Equity is dynamic while Used Margin is static.

Nasıl Çalışır?

• Determine Equity: Equity = Balance + Floating PnL
• Determine Used Margin: Sum of Initial Margin required for all open positions.
• Calculate Margin Level: (Equity / Used Margin) × 100%
• Enforcement Check: Platform continuously compares the result against Margin Call and Stop Out thresholds, triggering risk controls if it drops too low.

Example: Real Trade Scenarios

Account: $5,000 USD deposit | Used Margin: $1,000 (5 open trades)

Scenario 1 — Floating Profit Floating PnL: +$2,000 → Equity = $7,000 Margin Level = 700% ✅ Safe, well-capitalised.

Scenario 2 — Floating Loss Floating PnL: −$4,200 → Equity = $800 Margin Level = 80% ⚠️ With a Margin Call at 100% and Stop Out at 50%, this account is at high risk of forced liquidation.

How Margin Level Affects Your Risk

Margin Level vs Related Concepts

vs Free Margin: Margin Level is a ratio (Equity/Used Margin) expressed as a percentage. Serbest Teminat is an absolute dollar value (Equity − Used Margin). A high Free Margin directly corresponds to a high Margin Level.

vs Leverage: Margin Level is a real-time measure of effective leverage being utilised, dynamically changing with floating PnL. Leverage is the fixed maximum ratio offered by the broker (e.g., 1:400). Higher leverage use results in a lower Margin Level.

Broker Differences Across the Industry

How to Verify Margin Level on Your Platform

1. Log in to your trading platform and connect to your account.
2. Navigate to the Trade tab or Account Summary panel.
3. Locate the Margin Level value in the summary row alongside Balance, Equity, Used Margin, and Free Margin.
4. Read the percentage displayed next to the Margin Level label.
5. Monitor the threshold — if approaching 100%–120%, consider depositing funds or closing positions.
6. Watch the colour code — platforms typically show green when safe, red when nearing Stop Out.
7. Sanity check: If your Equity equals your Used Margin, your Margin Level must be exactly 100%.