I've tried to calculate margins since I have moved over the MT4.
On the IG website (international) the margin on the Dax is currently 620 pounds.
On MT4 with the size being 0.01, the margin is 138 pounds.
I don't know how that I calculated.
Thank you for the help thus far. I opened the MT4 account 3 months ago, never used it.
How will I be able to retrieve it if I do not have the 2nd email?
LIVE & Demo (in above example) is on 1 pound Cash.
Even after the first month with the increased margin, the DEMO account is still 4x the LIVE's required margin.
Why is the minimum contracts on let's call it the Wall Street capped at 0.50 or on the Germany 30 Cash at 1?
This has significant effects on the minimum margin required. I know of traders that trades with less that 600 pounds (due to currency conversion from South Africa for instance).
This has been bothering me as well.
LIVE - Wall Street (1Pound) - Spread 3.6 - Contracts 0.5 - Margin - 656 pounds
DEMO - Wall Street (1Pound) - Spread 3.6 - Contracts 2 - Margin - 2622 pounds
Is this to force demo traders to see increased profits when the indices moves in their favor - eager to open a LIVE account?
If it moves against them you can easily just "deposit" fake money again.