I want to trade at FBS with a micro account. With an amount of 1000 USD. If I play with 0.1 lot, what is my available fund resilience? And how much is it in rupiah/dollar per 0.1 lot?
@Floren:
- … If I trade with 0.1 lot, how much resilience does my existing fund have?
Your capital is USD 1,000. Assuming you are trading with leverage 1:500 or 0.2% of the contract value, on the EUR/USD pair.
If you buy or sell 0.1 lot of EUR/USD at a price of 1.0770, then the margin required = (USD 100,000) x 0.1 x 0.2% x 1.0900 = USD 21.8. (Note: USD 100,000 is the contract value per lot in forex).
Your fund's resilience to withstand the position until a margin call is triggered is: (USD 1,000 - USD 21.8) / USD 1 = 978 pips. (Note: USD 1 is the value per pip for 0.1 lot EUR/USD).
Note: in the above example, it is assumed that your broker sets a margin level = 100% to trigger a margin call, and does not charge swap when your position is overnight (swap free).
- … And how much rupiah / dollar per 0.1 lot is it?
The value per pip for 0.1 lot of the XXX/USD pair (EUR/USD, GBP/USD, AUD/USD, NZD/USD) is USD 1.
@yahya hijrah:
If you want a value of $1 per pip, then for forex you need to trade 0.1 lot, and for gold (XAU/USD) it is 1 lot.
In the case of a 1 Cent lot, the contract value is $10 or 0.0001 of a standard lot, or equivalent to 10 x USD ¢ 100 = USD ¢ 1000. For forex (e.g. EUR/USD pair), a 1 Cent lot has a value per pip of USD ¢ 0.1 or 0.1 US cents, so it's very small.
If you want the value per pip = $1 or USD ¢100, then you need to trade (USD ¢100) / (USD ¢ 0.1) = 1000 Cent lots.