Unlimited lot size of broker

Sep 02, 2020 at 23:37
Vistas 5,644
25 Replies
Miembro desde Mar 17, 2021   posts 536
Oct 06, 2021 at 18:45
frankmartin1 posted:
Hello, myfxbookers! Trading with a big lot is good! But remember you can afford the loss!
Big lot can create a big loss. So, i think is is risky for the newbies.
Miembro desde Feb 02, 2021   posts 38
Oct 20, 2021 at 06:26
The lot size directly affects how much a movement of the market will affect your accounts. So choose the lot size wisely.
Miembro desde Apr 09, 2019   posts 538
Oct 20, 2021 at 12:08
I've seen 100 and 1000 lot max size on retail accounts but if you honestly need more than that then I would suggest contacting your broker and moving to a professional account if eligible. You will no doubt get a higher limit but will forfeit protections such as negative balance prevention.
If you can't spot the liquidity then you are the liquidity.
Miembro desde Jul 19, 2020   posts 788
Nov 06, 2021 at 15:44
Standard Lot represents 100,000 units of Currency, Mini 10,000, and Micro 1000 Lot. However, not all brokers.
Miembro desde Aug 10, 2021   posts 178
Dec 02, 2021 at 03:24
As a newbie, we should not use a big lot.
Miembro desde Jul 23, 2020   posts 759
Feb 06, 2022 at 02:00
If the brokers say so, they are likely to lie to you.
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