Jump to content
  • 0

Micro Lots MT4


BOBCAT01

Question

7 answers to this question

Recommended Posts

  • 0

Any idea why this is on MT4 especially with IG server, as ive seen others adding micro lot positions under other brokers on MT4, is this just due to MT4 or something else?

On ‎11‎/‎05‎/‎2019 at 13:41, Caseynotes said:

Hi @BOBCAT01,  on the spread betting mt4 platform 1.00 equates to £1/point so 0.10 is £0.10/point, 10 pence per point.

 

Link to post
  • 0
8 hours ago, TnlVision said:

Any idea why this is on MT4 especially with IG server, as ive seen others adding micro lot positions under other brokers on MT4, is this just due to MT4 or something else?

 

Hi @TnlVision,  couldn't say really except that, as you say all the others do it, so I guess IG would be at a disadvantage if they didn't.

Link to post
  • 0
On 09/08/2019 at 22:43, Izzet said:

Hi @Caseynotes

On demo account for MT4 I can order 0.01 lots. Is it not possible on live accounts?

Also what I wonder is the overnight charges on those types of lots. Is it the same formula*lot percentage?

Thanks.

Izzet

Hi @Izzet,  the mt4 demo platform uses metatrader lot sizes which if I remember right goes down to 0.01 which equates to 10 pence per point but the live platform used IG lot sizes and only goes down to 0.10 but that still equates to the same 10 pence per point and so a £1.00 lot size is £1 per point on the live platform. A bit confusing I know.

Link to post
  • 0
Guest Pariyerum Perumal

Dear Sir, 

I wanted to open an account with ig trading to trade on forex, As i know Ig trading can also be done  in MT4 platform,my only doubt is any mt4 demo account from any service providers offering to trade on micro lots (0.01 lot) based on margin, but when i try to  trade micro lot on ag trading app it is how minimum of 1 contract have to be traded based on margin available. Now my question to comes down to 2 
1) can i trade on micro lot ( 0.01lot ) on IG trading application ? (as it is showing 1contract as mandatory minimum requirement) ( please find the attachment) 
2) can i trade on micro lot (0.01 lot ) on IG MT4 trading platform. 
Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Answer this question...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • General Statistics

    • Total Topics
      15,169
    • Total Posts
      73,253
    • Total Members
      61,593
    • Most Online
      5,137
      14/01/21 09:51

    Newest Member
    ojplimited
    Joined 13/05/21 00:41
  • Posts

    • I don't think it would be a problem trading during the weekend. You can trade whenever you want.  I learned how to do it on the cryptoinformator website. The highest income is brought by bitcoin. When looking at the value of the current 55,000 dollars, of course, everyone is thinking about investing in it. Forecasts vary, and many believe that by the end of 2021, they would have surpassed 100,000 dollars. The growth is projected to be based on the fact that real-world payment flow stock markets are still burdened by the current pandemic but is also based on the increasing acceptance of BTC as legal tender ( PayPal is bringing this option, and bitcoin is also coming to Wall Street soon).
    • I played around with it (created two plots of the smallest viable K-32 size). While I'm farming this tiny amount now I've stopped plotting until pooling is introduced - since existing plots aren't going to be compatible with pooling. The cost of wearing out SSDs is high. You're effectively buying (via SSD wear) lottery tickets (the plots) with a chance of winning a lottery (by farming). Without pooling its unlikely small players will win. The "estimated time to win" is based on current network space that will probably rise at a very quick rate reducing your chance of winning exponentially.  Unless you're farming petabytes, using the rule of large numbers to take out the lottery element, its not worth the time of smaller farmers imho. It may be worthwhile when they introduce pooling.
    • Yeah, you can trade whenever you want. 
×
×
  • Create New...