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What is the leverage for contests account?
May 06, 2010 at 02:32
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5 Replies
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 ????!!!
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 ????!!!
Member Since Apr 20, 2010
808 posts
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.
Member Since Jul 31, 2009
1418 posts
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.
FXDD set the leverage to 1:200.
Member Since Dec 10, 2019
18 posts
Jun 21, 2020 at 14:49
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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