Quote:
Originally Posted by trendcat  i think your wrong batchboy
i micro lot is 10 cents a pip
it says you need 2500 to trade 1 micro
a nanlot is 1 cent a pip
you only need 200 -250 for that
but correct me if im wrong pipcop is trading micros,so you need 2500
it must have incredible drawdown to need that much for a micro  |
hi tc,
On a mini account at IBFX, .01 is 1-penny, that's a micro-mini, .1 would be a micro, and 1.0 a mini. Naturally, conversion factor needed since AUDNZD is not a major with USD as base, so that's ballpark.
So 1/100th of a mini is .01, a micro-mini, which is what EA is doing right now with $200. 1/100th of $20,000 = $200.
jb
