Your Margin Level shows how healthy your margin account is. It is the value of everything in your account after subtracting your debt, divided by that same debt, with accrued interest included.
The higher the number, the more room you have. When your Margin Level reaches 1.10×, Bitso closes your positions automatically to repay your debt.
Your Margin Level always reflects the worst case for your account. Open limit orders that have not filled yet count toward the calculation, so the number can change even when you are not trading.
The four states of your account
| State | Margin Level | What happens |
|---|---|---|
| Healthy | 1.50× or above | Green indicator. Everything works normally. |
| Warning | 1.30× to 1.49× | Amber indicator. Nothing is blocked: you can keep trading and transferring. This is the moment to add collateral (the funds you keep in your Margin Wallet to back your trades), reduce your exposure, or repay part of your debt. |
| At risk (margin call) | Above 1.10× and below 1.30× | Red indicator. You get a notification in the platform and by email. New orders that would increase your debt are blocked, and so are transfers out of your Margin Wallet. You can still close positions, add collateral, or repay what you borrowed. |
| Liquidation | 1.10× or below | Red indicator. Bitso automatically closes positions across your whole Margin Wallet to repay your debt. Whatever is left after debt, interest, and fees returns to your Margin Wallet. |
Where to check your Margin Level
- On the order ticket, with colour coding and details.
- In the Margin Level panel at the top of your Margin Wallet side menu. It shows your current level, the liquidation point, and guidance.