Margin Call question

[ezekiel]

Can someone briefly explain margin calls or say I have $1000 in an account with 20:1 leverage.

If I take a position of .1lots, how big of a loss would have to
happen for a margin call to execute...

[elmagd2000]

20:1 means lot=5000.
0.1 lot=500. This amount will be held by broker as long position is open. So you have $500 tradable which can stand 500 pips loss in mini account.

[Wallace]

You need to verify with individual brokers what their 'auto liquidate' amount/% is since it varies from broker to broker.

[ezekiel]

thanks guys ... appreciate it.