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What is the leverage for contests account?
May 06, 2010 at 02:32
(edytowane May 06, 2010 at 02:36)
Uczestnik z Mar 22, 2010
6 postów
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 ????!!!
Uczestnik z Apr 20, 2010
808 postów
May 06, 2010 at 04:13
Uczestnik z Apr 20, 2010
808 postów
Leverage is 1:200 on FXDD demo. U can put EA that provide account info to check.
Information is Gold when come to organised.
Uczestnik z Jul 31, 2009
1418 postów
May 06, 2010 at 07:23
Uczestnik z Jul 31, 2009
1418 postów
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.
Uczestnik z Apr 01, 2020
227 postów
Jun 02, 2020 at 00:49
Uczestnik z Apr 01, 2020
227 postów
High leverage gives the advantage to us, with a small capital, we can make a deal with a large enough volume, but with high leverage, the risk we face is also larger.
Uczestnik z Dec 10, 2019
18 postów
Jun 21, 2020 at 14:49
Uczestnik z Dec 10, 2019
18 postów
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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