Gwallter Pewitt: So, your capital is USD 1,000. Assume you are trading with a leverage of 1:500 or 0.2% of the contract value on the EUR/USD pair. If you buy or sell 0.1 lots of EUR/USD at 1.0770, the required margin = (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 resistance to holding the position until you get a margin call is: (USD 1,000 - USD 21.8) / USD 1 = 978 pips. (Note: USD 1 is the value per pip for 0.1 lot of EUR/USD). your broker sets margin level = 100% to charge margin calls, and does not charge swap when you stay (swap free). The value per pip for 0.1 lot of the XXX/USD pair (EUR/USD, GBP/USD, AUD/USD, NZD/USD) is USD 1.
Gwallter Pewitt: I just joined fbs with leverage 1:500 on cent account. Can i get that 1pip value of $1? If possible, what is the minimum deposit? also the calculation before open position?
Aaron Moore: If you want the value per pip = USD 1, then for forex you have to trade 0.1 lot, and for gold (XAU/USD) is 1 lot. In the case of 1 Cent lot, the contract value is USD 10 or 0.0001 of the standard lot, or equal to 10 x USD 100 = USD 1000. For forex (eg EUR/USD pair), 1 Cent lot value per pip is USD 0.1 or 0.1 cents USD. If you want the value per pip = USD 1 or USD 100, then you should trade (USD 100) / (USD 0.1) = 1000 Cent lot.
G Gwallter Pewitt
Apr 5 2020
I want to trade on micro account with the amount of 1000 USD. If I use 0.1 lot, what is the resistance of my funds? And how much is per 0.1 lot?
L Lewis
![Malaysia]( "Malaysia")
Apr 10 2020
Gwallter Pewitt: So, your capital is USD 1,000. Assume you are trading with a leverage of 1:500 or 0.2% of the contract value on the EUR/USD pair.
If you buy or sell 0.1 lots of EUR/USD at 1.0770, the required margin = (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 resistance to holding the position until you get a margin call is: (USD 1,000 - USD 21.8) / USD 1 = 978 pips. (Note: USD 1 is the value per pip for 0.1 lot of EUR/USD).
your broker sets margin level = 100% to charge margin calls, and does not charge swap when you stay (swap free).
The value per pip for 0.1 lot of the XXX/USD pair (EUR/USD, GBP/USD, AUD/USD, NZD/USD) is USD 1.
A Aaron Moore
![Nigeria]( "Nigeria")
Apr 12 2020
Gwallter Pewitt: I just joined fbs with leverage 1:500 on cent account. Can i get that 1pip value of $1? If possible, what is the minimum deposit? also the calculation before open position?
L Lewis
![Malaysia]( "Malaysia")
Apr 14 2020
Aaron Moore: If you want the value per pip = USD 1, then for forex you have to trade 0.1 lot, and for gold (XAU/USD) is 1 lot.
In the case of 1 Cent lot, the contract value is USD 10 or 0.0001 of the standard lot, or equal to 10 x USD 100 = USD 1000.
For forex (eg EUR/USD pair), 1 Cent lot value per pip is USD 0.1 or 0.1 cents USD.
If you want the value per pip = USD 1 or USD 100, then you should trade (USD 100) / (USD 0.1) = 1000 Cent lot.