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Thread: How to Use the 25 USD bonus?

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    Bullish crazybird168's Avatar
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    Question How to Use the 25 USD bonus?

    Hello, I have got the 25 USD bonus for my account about two months ago. BUT I can not use the 25 USD to trade in the MT Platform. The system always says that not enough money. So do I need to deposit some money into my account before I begin the first trade? I wonder that whether I can change the leverage ratio from 1:200 to 1:500? I am so confused that I can not make any forex trade in the MT4 System.Thanks
    Last edited by crazybird168; 07-19-2008 at 12:05 PM. Reason: add ques

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    hi, to trade using your 25 bonus, you must to use 1:500 leverage, and trade USD/JPY, AUD/USD, USD/NZD, USD/CAD only, using 0.1 lots (wich is equal to u$s 20)

    regards
    cesar
    Last edited by cesar; 07-19-2008 at 04:40 PM.

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    Super Moderator nonamer's Avatar
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    Quote Originally Posted by crazybird168 View Post
    Hello, I have got the 25 USD bonus for my account about two months ago. BUT I can not use the 25 USD to trade in the MT Platform. The system always says that not enough money. So do I need to deposit some money into my account before I begin the first trade? I wonder that whether I can change the leverage ratio from 1:200 to 1:500? I am so confused that I can not make any forex trade in the MT4 System.Thanks
    Hi,

    If u balance 25$, u need use 1:500 leverage
    to change leverage --> Please log into the traders cabinet and go to Settings/Personal in the left menu to change your leverage.

    Then u only can trade on limited pair because u balance are 25$,
    Like Cesar said, with balance 25$ u only can trade -->

    usd/jpy, eusd/chf, aud/usd, nzd/usd, usd/cad

    to know how much margin needed to open pair use this formula

    price x lot / leverage = margin needed to open pair

    example 1 --> euro/usd, leverage 1:500, 0.1lot

    1.5881 x 10,000 / 500 = $ 31.76

    example 2 --> aud/usd, leverage 1:500, 0.1lot

    0.9702 x 10,000 / 500 = $19.40

    --------------------------

    U account are standard account, so minimum value pip are 1$/pip.

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