A margin tracking cascode current mirror system including a current mirror circuit having a current source device having a predetermined operating voltage for providing a current to a load, a cascode circuit interconnected between the current mirror and the load for controlling the output impedance of the system and for establishing a current control voltage, a cascode bias circuit for providing a forward bias to the cascode circuit, and a compound cascode bias circuit for independently controlling the slope and the offset of the current control voltage to track the predetermined operating voltage with a predetermined margin.