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Thread: Question about nano lots Equity Builder

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    Piplet
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    Default Question about nano lots Equity Builder

    I have Equity Builder, if I want to trade .1 microlots do I enter .1 in the EA lotsize or .01 or .001

    sure want to get this right. I opened the micro 1:500 leveraged account....

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    Director of FXOpen Aus FXOjafar's Avatar
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    0.1 lots is valid volume. 0.01 or 0.001 will not work.
    Jafar Calley - Director
    FXOpen AU Pty Ltd
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    AFSL:412871 ABN:61 143 678 719
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    Thank you! I have also found out that I need to switch the micro variable to "false" as this 1:500 account is a cents account and acts like a standard account.....does that sound correct?

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    Super Moderator nonamer's Avatar
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    Quote Originally Posted by glenngie View Post
    I have Equity Builder, if I want to trade .1 microlots do I enter .1 in the EA lotsize or .01 or .001

    sure want to get this right. I opened the micro 1:500 leveraged account....
    Hi

    Before you open new account we already mention the information about account -->

    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

    Leverage will not effected on lot size or value pips, leverage will effected on margin needed to open pair.

    Thanks

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    Director of FXOpen Aus FXOjafar's Avatar
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    Quote Originally Posted by glenngie View Post
    Thank you! I have also found out that I need to switch the micro variable to "false" as this 1:500 account is a cents account and acts like a standard account.....does that sound correct?
    I think you have the right idea. The fact that it is designated in cents changes the way a micro works.
    Jafar Calley - Director
    FXOpen AU Pty Ltd
    Level 26 • 1 Bligh Street
    Sydney NSW 2000
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    AFSL:412871 ABN:61 143 678 719
    http://www.fxopenaus.com

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    Moderator cool user Resolve's Avatar
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