What does a margin call looks like??
...hehehe...seems like Jorex, Audrey, Romeo, and...of course...Pharaoh have never ever got a margin call or getting an account wipe-out.
Ok ronan, I had have quite a number accounts wipe-out (7-8) and numerous margin calls (over 20) and so knows exactly what a "margin call" looks like.
If you using MT4 platform (and with 1:500 leverage), the bottom column (with all the Balance, Equity, Margin, Free Margin, & Margin Level) will first turn a pinkish color warning of a possible margin call. If the account balance gets progressively worse, with minus Free Margin and (depending on your Broker margin requirement) less than 50% Margin Level.
Once Margin level is below 50%, the column will turn red and if the account balance worsen, then all of a sudden, and with a flash, the account balance will become zero or left with a few tiny bitty cents.
As for your 11 cents balance in micro account, if you multiply that with 500 (1:500 leverage) you get 55 points (which is 11% of usd5 micro account). Depending on your leverage and brokers margin requirement, you are still safe...at least for just a little while longer, but hanging just by the skin of your teeth!
Oh yah, I never ever got any telephone call or e-mail warning from any of my brokers of an impending margin call! Guess my account (just over usd10k) is not big enough to qualify for such service.