The margin level is a percentage of your Equity in relation to Used Margin.
This helps you to keep track of how much of how much you are using and the margin buffer you have free. A higher margin level means that you have more free margin.
To calculate margin level:
Margin Level = (Equity / Used Margin) x 100%
Related Article:
For more information:
https://oxsecurities.com/account/client-verification-process/
https://oxsecurities.com/trading-accounts/account-types/
https://oxsecurities.com/trading-accounts/trading-servers/
https://oxsecurities.com/trading-accounts/spreads/
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