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Forex Contest Squared Financial
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Aug 01, 2014 at 09:43
Maybe it wasote]sqfmkg posted:Here is a brief overview of trading rules, which opens tomorrow at 09.00am:Account Size: USD 50KLeverage: 200:1Min lot size: 0.01 lotsMax lot size: 1000 lots, however this will depend on the account size and leverage.Margin Call: 50%Close Out: 30%All symbols that are available can be traded.All strategies are allowed.Hedging and Scapling are allowed.No commission and no mark-up.Do FIFO rules apply?I see that 0.01 is min lot size, but the min lot step is set to 0.1. Why is that? There is no point in having min lot of 0.01 if the smallest lot increase is 0.1...
Forex Contest Squared Financial
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Jul 29, 2014 at 19:11
The lack of response from Square about details on the account settings like hedging, FIFO and margin call percentage makes me think the prizes are designated and some participants will have advantage on the start. Makes me wonder if I want to play...:-[
Forex Contest Squared Financial
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Jul 27, 2014 at 06:31
Hello sqfmkg, do you know if hedging will be allowed and where to find more detail about the rules of this contest? Without more clarity it would be difficult to have a fair contest. We should be able to open demo accounts with same rules, but there is no leverage available there over 1 : 100
Forex Contest Squared Financial
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Jul 27, 2014 at 06:29
Exactly my question!I opened a demo with square, to find out, but I can't choose 1:200 and their trade size s are strange -min lot size is 0.01 but step is 0.1...??
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