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Thread: Minimum trade size

  1. #1
    Intraday Master etrader's Avatar
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    Default Minimum trade size

    I believe that there is some gap between the trade sizes for standard and micro-account

    To use a trading system on all sizes, some modification should be done

    (1) increasing the micro-account limit to $500

    or

    (2) allowing 0.05 lot trades on standard account


    I myself prefer the second option

  2. #2
    Intraday Master etrader's Avatar
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    Default

    Of course, I just said to cover any need

    I myself work on forex with thousands of dollars fund, and 0.1 lot is quite good for me.

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    Director of FXOpen Aus FXOjafar's Avatar
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    Default

    Yes, accounts of $1000 or more are best for proper money management.
    Jafar Calley - Director
    FXOpen AU Pty Ltd
    Level 26 • 1 Bligh Street
    Sydney NSW 2000
    Australia
    AFSL:412871 ABN:61 143 678 719
    http://www.fxopenaus.com

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    Intraday Master etrader's Avatar
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    Default

    If one wish to make money with forex, need e.g. $2000 in an standard account

    Of course, micro-accounts are also good.

    I am currently on micro-account to test a new trading system.


    The suggestion of 0.05 lot in standard account is to put in test new trading system safely.

  5. #5
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    Default

    Quote Originally Posted by etrader View Post
    I believe that there is some gap between the trade sizes for standard and micro-account

    To use a trading system on all sizes, some modification should be done

    (1) increasing the micro-account limit to $500

    or

    (2) allowing 0.05 lot trades on standard account


    I myself prefer the second option
    I prefer second too.

  6. #6
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    Default

    I think that if one wants to trade 0.2 Lots he should have an account of $10,000 as a beginner. so for an account of $1000 you should trade only 2k lots as a beginner.

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    Intraday Master etrader's Avatar
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    Default

    Quote Originally Posted by activetc View Post
    I think that if one wants to trade 0.2 Lots he should have an account of $10,000 as a beginner. so for an account of $1000 you should trade only 2k lots as a beginner.
    2k lots ?!?!?!?!?!??!?!?!?

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    Quote Originally Posted by garfield View Post
    I prefer second too.
    Beg to differ. Raising the limit is more suitable. More flexibility to traders.
    Anyway, I expect providing 0.05 lot unit is a bit harder if the software itself by default only support 0.1 unit. I guess that's why fxegypt uses cents instead of dollars to avoid reconfiguring the MT platform too much.

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    Default

    Quote Originally Posted by etrader View Post
    I believe that there is some gap between the trade sizes for standard and micro-account

    To use a trading system on all sizes, some modification should be done

    (1) increasing the micro-account limit to $500

    or

    (2) allowing 0.05 lot trades on standard account


    I myself prefer the second option
    the first one no

    the second yes 0.05 is good

    but what can we do

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    Intraday Master etrader's Avatar
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    as clients, we can request for this

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    Quote Originally Posted by MRSaad View Post
    the first one no

    the second yes 0.05 is good

    but what can we do
    Let the company respond it to you otherwise you know what gonna happen next.

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    guys wondering if at fxeghypt we can open positions with decimals lots (1.02, 1.03 and ...) in standard acocunts also? like ****, interbankfx?

  13. #13
    Denis Peganov, FXOpen Development Director cool user FXOpen Manager's Avatar
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    Quote Originally Posted by cool View Post
    guys wondering if at fxeghypt we can open positions with decimals lots (1.02, 1.03 and ...) in standard acocunts also? like ****, interbankfx?
    You can open 1.1 or 1.2 and so on lots, as minimum trading volume step on standart account is 0.1 lot .

    Denis Peganov
    Development Director
    FXOPEN NZ LIMITED
    E-mail: [email protected]
    http://www.fxopen.com/

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    Default

    Quote Originally Posted by etrader View Post
    I believe that there is some gap between the trade sizes for standard and micro-account

    To use a trading system on all sizes, some modification should be done

    (1) increasing the micro-account limit to $500

    or

    (2) allowing 0.05 lot trades on standard account


    I myself prefer the second option
    it is question and request of fxopen for me too
    for example about 25$ bonusthis
    i watched that thay pay this bonus to standard account
    why you dont let members to select standrad or mikro account for thir bonus?
    in standard account with 0.1 lot trade many lose it and cant have any profit or gorw it
    i dont say that it is impossible but is hard and difficalty to do

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    Intraday Master etrader's Avatar
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    Quote Originally Posted by ALiR View Post
    it is question and request of fxopen for me too
    for example about 25$ bonusthis
    i watched that thay pay this bonus to standard account
    why you dont let members to select standrad or mikro account for thir bonus?
    in standard account with 0.1 lot trade many lose it and cant have any profit or gorw it
    i dont say that it is impossible but is hard and difficalty to do
    That is the reason

    This bonus is a bonus, not your investment

    For microaccount, it can be your total investment

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