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Margin level is your equity as a percentage of the margin used by your open positions: equity ÷ used margin × 100. It is the number MetaTrader 5 uses to judge your account’s health. At GCC Brokers, unless we notify you otherwise, the margin call level is 50% and the stop-out level is 20%. Margin levels and requirements can be changed, including ahead of weekends and holidays.
Equity of $1,500 and used margin of $1,000 gives a margin level of 150%. If equity falls to $500, margin level is 50% (margin call); at $200 it is 20%, and stop-out starts closing positions.