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Margin Call & Stop-Out Calculator

See your margin level and how much loss your account can take before a margin call or stop-out.

Calculate from
USD

Balance plus open profit/loss, shown as Equity in MT4/MT5.

USD

Shown as Margin in your platform's Trade tab.

USD

Optional, to show the room in pips. 1 lot EUR/USD ≈ $10.

%
%

100% / 50% is common but not universal.

Margin level

270.27%

Loss until margin call

$6,300.00

≈ 630.0 pips against you

Loss until stop-out

$8,150.00

≈ 815.0 pips against you

Free margin

$6,300.00

Stop-out equity

$1,850.00

Margin call at $3,700.00

Show the math
  1. Margin level = equity ÷ used margin$10,000.00 ÷ $3,700.00 × 100 = 270.27%
  2. Free margin = equity − used margin$10,000.00 − $3,700.00 = $6,300.00
  3. Margin call when equity = used margin × 100%$3,700.00 × 100% = $3,700.00; loss $10,000.00 − $3,700.00 = $6,300.00
  4. Stop-out when equity = used margin × 50%$3,700.00 × 50% = $1,850.00; loss $10,000.00 − $1,850.00 = $8,150.00
  5. In pips: loss ÷ $10.00 per pipMargin call 630.0 pips, stop-out 815.0 pips

Assumes used margin stays the same as price moves. Brokers that recalculate margin at the current price, plus swaps and commission, can bring the levels slightly closer.

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Quick answer

Margin level = equity ÷ used margin × 100%, and the loss you can absorb before a margin call = equity − used margin × call level (the same with the stop-out level). With $10,000 equity and $3,700 used margin the margin level is 270%; at 100% and 50% levels you can lose $6,300 before a margin call and $8,150 before a stop-out.

Worked examples: Leverage & margin

What is the Margin Call & Stop-Out Calculator?

Your margin level is equity divided by used margin, as a percentage. When it falls to the broker's margin call level you are warned and usually cannot open new trades; when it falls to the stop-out level the broker starts closing positions.

Margin level = Equity ÷ Used margin × 100%
Loss to margin call = Equity − Used margin × Call level
Loss to stop-out = Equity − Used margin × Stop-out level

With $10,000 of equity and $3,700 of used margin, the margin level is 270%. With a 100% call level, a margin call comes when equity falls to $3,700 — after a further loss of $6,300. With a 50% stop-out, positions start closing at $1,850 of equity, after a loss of $8,150. If your open positions move $10 per pip, those losses are 630 and 815 pips.

The calculation assumes used margin stays the same as price moves. Brokers that recalculate margin at the current price, and swap or commission, can bring the levels slightly closer.

How to use this calculator

  1. Account currency.
  2. Equity — balance plus open profit or loss, shown as Equity in MT4/MT5.
  3. Used margin — shown as Margin in your platform's Trade tab. The margin calculator gives it for a planned position.
  4. Value per pip of open positions — optional; the combined pip value of your open trades (1 lot of EUR/USD is $10). Used to express the losses in pips.
  5. Margin call level and Stop-out level — in %. 100% and 50% are common but not universal; check your broker's terms.
  6. One position — instead of account figures, enter an instrument, entry price, direction, lots and leverage to get the margin call and stop-out prices.

The result shows your margin level, free margin, and the loss — in money and, if you entered a pip value, in pips — before a margin call and before a stop-out. A warning appears if the margin level is already below either level. Show the math and Copy link with these numbers are below the result.

Worked example

Equity $8,000, used margin $4,000, levels 100% / 50%.

  • Margin level = 8,000 ÷ 4,000 × 100 = 200%
  • Loss to margin call = 8,000 − 4,000 × 1.00 = $4,000
  • Loss to stop-out = 8,000 − 4,000 × 0.50 = $6,000

Closing half the positions cuts used margin to $2,000. With the same equity the margin level becomes 400%, and the loss to a margin call grows to $6,000.

When to use it

  • Before adding a position — check how close the new used margin brings you to the call level.
  • Before news or the weekend — know how far price can move against you before positions are closed.
  • When deciding how much to deposit or reduce to restore a comfortable margin level.

Common mistakes

  • Using balance instead of equity. Margin level depends on equity, which includes open profit and loss.
  • Assuming 100% / 50% everywhere. Levels vary by broker, account type and sometimes instrument.
  • Treating the margin call as the danger point. It is a warning; the stop-out is where positions are closed, often at poor prices in a fast market.
  • Forgetting gaps. Over a weekend or news release, price can jump past the stop-out level, and the loss can exceed the calculated buffer.

Frequently asked questions

What is the difference between a margin call and a stop-out?

A margin call is a warning when the margin level reaches the call threshold (often 100%); new trades are usually blocked. The stop-out (often 50%) is where the broker begins closing positions automatically, usually starting with the largest loss.

What does a margin level below 100% mean?

Equity is now less than the margin required for your open positions. You are past the usual margin call level, and if equity keeps falling to the stop-out level, positions will be closed.

How can I raise my margin level?

Deposit funds or close part of your positions. Reducing positions lowers used margin, which raises the margin level immediately.

Why enter the pip value of my open positions?

To turn the loss buffer into a price distance. With $6,300 to a margin call and $10 per pip of open positions, price can move about 630 pips against you before the call.

Is a higher margin level always safer?

Yes: it means more equity relative to the margin in use, so a larger loss is needed to reach the call and stop-out levels.

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