Contract Size and Cent Account Lots in FBS

FBS broker
11 Jan 2020, 15:25 1,561 Views

Good evening seputarforex team,

I am still a beginner and would like to ask, I have a cent account, and often trade in XAU/USD.

I am still confused about the calculation of the pip value for the cent account. (Leverage 1 : 500).

I tried to find out from the FBS site using the trader calculator feature, but in the end I still don't understand.

Please help me, thank you.

Here I attach a picture of the results of the trader calculator calculation on the fbs site.Calculation

1 Answer

M
martin 14 Jan 2020, 02:20

@ Mesa Siantoeri:

I'm not familiar with the standard calculation of FBS for a Cent account XAU/USD.

After I asked FBS Customer Support (CS), then 1 Cent Lot XAU/USD value per pip = 10 Cent USD.

Here is my chat with FBS CS:

Leverage does not affect the value per pip, but affects the margin. Read also: Margin in Forex Trading

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