Explanation
MetaTrader 5 states the calculation as equity divided by margin, times 100. The trading report uses the same formula. The account line is shown in red when the account is in a margin-call or stop-out state. The help page does not set one universal percentage for those states. The broker sets the levels on the account. For a UK retail CFD, spread bet or rolling spot account, COBS 22.5 adds a legal close-out at 50% of the margin required to maintain the open positions. That legal test uses the handbook's net equity, which may not equal the platform's margin-level percentage. Read the firm's description of how it calculates the level. The rule says the firm must provide that description.
This page explains published terms for education and reference. It is not financial, investment, tax, or trading advice, and it does not recommend a firm, product, or strategy.
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Sources and last check
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