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Thread: Micro account

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    In Profit condor666's Avatar
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    Default Micro account

    I have a question about micro accounts : what is the lowest trade i can do with it ?

    Is it possible to make trades where 1 pip = 2 cents ?

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    minimum lotsize is 0.1. Since you trade in cents that's 10.000 cents or 100 dollar....I guess...

    regards,

    stephan

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    Quote Originally Posted by condor666 View Post
    I have a question about micro accounts : what is the lowest trade i can do with it ?

    Is it possible to make trades where 1 pip = 2 cents ?
    Hi,


    FXOpen minimum transaction size is 0.1 lot (10,000 USD) for Standard accounts and 0.1 micro lot (100 USD) for Micro accounts.

    Trading volume from 0.1 micro lot, 1 pip is 1 cent approximately(1 micro lot = 1000 points of the base currency) *balance on micro accounts is indicated in cents

    This mean u can trade as low 1 pip=1cent for 0.1lot on micro account.
    So if u want trade 1pip=2cents just trade 0.2lot.

    Thanks

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    Quote Originally Posted by condor666 View Post
    I have a question about micro accounts : what is the lowest trade i can do with it ?

    Is it possible to make trades where 1 pip = 2 cents ?
    Quote Originally Posted by sbolten View Post
    minimum lotsize is 0.1. Since you trade in cents that's 10.000 cents or 100 dollar....I guess...

    regards,

    stephan
    Hello. Micro account minimum trading volume is 0.1 micro lot (100 points of base currency) per 1 trade. 1 pip with 1 micro lot trade is equal to 10 cents approximately, that is why 0.1 micro lot is equal to 1 cent approximately.

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    In Profit condor666's Avatar
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    Default

    Ok, thank you very much.

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