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What is the leverage for contests account?
okwh

Member Since Mar 22, 2010  6 posts okwh (okwh) May 06 2010 at 02:32 (edited May 06 2010 at 02:36 )
Today teh contest start, but what is the leverage for contests account?

I opened 0.05 lots, but the money used is 996. the leverage is about 1:6, Why?


see the ilst of Contest Competitors :

http://www.myfxbook.com/contests/myfxbook-trading-championship-may-2010/1/competitors

1:0, 1:200, 1:100 ......
???????????????????/

for the No 1 now,
MGL
http://www.myfxbook.com/members/MNGL/mgl/29877

he can open 1 lot ????!!!

okwh

Member Since Mar 22, 2010  6 posts okwh (okwh) May 06 2010 at 03:28
Maybe I am Wrong

ForexSeeker

Member Since Apr 20, 2010  727 posts DoubleTrap (ForexSeeker) May 06 2010 at 04:13
Leverage is 1:200 on FXDD demo. U can put EA that provide account info to check.

Information is Gold when come to organised. http://winterwongforex.com
Staff
Member Since Jul 31, 2009  1049 posts Ethan (Staff) May 06 2010 at 07:23
The leverage seen on the competitors page is not necessarily the real leverage, it's just what was selected by the trader at account opening.

FXDD set the leverage to 1:200.

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