I am trading with a cent account fbs with a leverage of 1:500, the minimum lot I use is 0.1, and I use an ea with a martingale pattern. If I want to upgrade to a micro account with a leverage of 1:500 and a martingale ea pattern, how much minimum lot should I use in my micro fbs account if I used 0.1 in my cent account?
1 Answer
M
martin
18 May 2020, 23:38
@ Yohan:
For Cent accounts, the minimum lot is 1 Sen lot. As far as we know, 0.1 lot is a mini account. Please read: The Difference Between Cent and Micro Accounts The Difference Between Micro, Mini, and Standard Accounts
For trading with a martingale strategy, we suggest using the smallest possible lot size, because if a position is in loss, we cannot be sure when the price movement will reverse.