Master, what if we have a 50usd deposit. And for orders with small profits. Please give an example
My advice with a capital of $50 is at the broker Instaforex Cent Account Standard Leverage 1:400 / 1:600
You can place an affiliate code with the code CIFZ
Lot value with a capital of $50
Lot 0.10 = $0.001 strength of 50000 pips
Lot 1.00 = $0.01 strength of 5000 pips
Lot 10.00= $0.10 strength of 500 pips
Lot 100.00 =$1 strength of 50 pips
If you trade with lot 1.00 you trade with a value of $0.01.
Margin approximately $0.35 - $0.40
Minimum SL 35 - 40 pips (if you want to set a Stop Loss. taken from margin )
If Profit 100 pips then Profit $1.
If minus 100 pips then minus -$1.
If the trader is in lot 0.10, minus 100 pips then the minus value is -$0.10
This is an example illustration for currencies GBP/USD, AUD/USD, NZD/USD, EUR/USD
@aji: with a deposit of $50, it is recommended to use a broker with a minimum leverage of 1:1000. By using leverage of 1:1000, the movement per pip for 1 lot is $1.
For example, there is a sell opportunity at 1.2150 with a stop loss of 50 pips (1.2200). With a lot of 0.01, the SL is worth $0.5 or 1% of the $50 capital.