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What is the leverage for contests account?
May 06, 2010 at 02:32
(édité May 06, 2010 at 02:36)
Membre depuis Mar 22, 2010
posts 6
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 ????!!!
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 ????!!!
Membre depuis Apr 20, 2010
posts 808
Membre depuis Jul 31, 2009
posts 1418
May 06, 2010 at 07:23
Membre depuis Jul 31, 2009
posts 1418
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.
FXDD set the leverage to 1:200.
Membre depuis Dec 10, 2019
posts 18
Jun 21, 2020 at 14:49
Membre depuis Dec 10, 2019
posts 18
Hmm, I've never seen such a little leverage before... Maybe it's some kind of malfunction. Actually, it's a good thing it turned out to be small, but it's a much better option than an unnecessarily high leverage. So you can say you're lucky!

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