micro contract size

thread: micro contract size

  1. #1
    Junior Member Isacipk00's Avatar
    18

    micro contract size

    Hello,

    I have been comparing brokers and I am wondering about something. Most frequently when brokers say they offer Standard, Mini and Micro lot sizes, this means it is likely to open a trade with respectively volume of 1, 0.1 and 0.01, representing respectively 100000, 10000 and 1000 units of the base currency.
    But, some brokers (I know of one, trading stage ) possess a micro account where a single lot represents 1000 units. This means that entering a commerce of 0.01 lots represents just 10 units of the base currency. Are there some other brokers out there where it's possible?

    Due

  2. #2
    Senior Member okeinamixxiok's Avatar
    103
    Also with Interbankfx mini account you could trade 0.01 of a mini contract = 100 unit.

  3. #3
    Hello,

    I've been comparing brokers and I am wondering something. Most frequently when brokers state that they provide Standard, Mini and Micro lot dimensions, this usually means that it is likely to open a transaction with respectively volume of 1, 0.1 and 0.01, representing respectively 100000, 10000 and 1000 units of the base currency.
    However, some brokers (I know of one, trading point) have a micro account at which a single lot reflects 1000 units. This means that entering a commerce of 0.01 lots represents just 10 units of the base currency. Are there other brokers out...
    Oanda doesn't have any minimal unit limitation.

    Trade safe

  4. #4
    Oanda has no minimal unit limit.

    Trade safe
    At all?? How is it possible. . .or I missed something. . ?

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