The margin level is the ratio of the trading account balance to the used margin. The margin level shows how much money you have available for margin trading.
Expressed as a percentage, margin level is calculated as:
Margin level = equity / used margin (on our platform presented as "invested", see the screenshot) x 100%
where
- equity is the sum of your trading account balance +/- any floating P/L on open positions;
- used margin (on our platform presented as "invested", see the screenshot) is the amount of your trading account balance that is initially withheld when you open a position on margin.
🛎 If your margin level is lower than 100%, you'll receive a margin call.
To increase your margin level you will need to deposit funds into your account or reduce your exposure to the market.
❗️Please note! In order to be able to withdraw, your margin level must be higher than 150%. Please also bear in mind that the withdrawal fees are not included.
What to do if you can't withdraw because your margin level is below 150%?
If possible, you can close any of your open positions. It will reduce the exposure and will help to increase the margin level above 150%.
Please note that if you chose to close any of your open positions, your floating P&L and Equity will be affected.