- Hem
- Gemenskapen
- Nya Handlare
- "Contract size
Edit Your Comment
"Contract size
Medlem sedan Aug 20, 2009
256 inlägg
Jul 20, 2020 at 07:41
Medlem sedan Aug 20, 2009
256 inlägg
I don't know about the calculator but I the contract size is different at different brokers.
Generally when dealing with Forex, the contract size is the same everywhere, ie 1 lot = 100 000 units. With the advent of CFD's for commodities, Indexes, Crypto, and so on, they have had to get creative with what 1 lot is.
You can imagine 100 000 units of bitcoin is hardly a practical size as BTC costs close to $10 000(or whatever it's price is today). BTC will therefore , generally have a contract size of 1.
Because there is no real definition of what 1 lot is outside of forex, brokers are free to set the contract size for 1 lot to whatever suits their operation, so it differs from broker to broker. Take Oil for example, at IC Markets, 1 lots of oil = 100 barrels, whereas at FP Markets 1 lot = 1 000 barrels.
The contract size can be viewed within MT4 terminal by right-clicking on the instrument in the Market Watch window and selecting "Specification".
Generally when dealing with Forex, the contract size is the same everywhere, ie 1 lot = 100 000 units. With the advent of CFD's for commodities, Indexes, Crypto, and so on, they have had to get creative with what 1 lot is.
You can imagine 100 000 units of bitcoin is hardly a practical size as BTC costs close to $10 000(or whatever it's price is today). BTC will therefore , generally have a contract size of 1.
Because there is no real definition of what 1 lot is outside of forex, brokers are free to set the contract size for 1 lot to whatever suits their operation, so it differs from broker to broker. Take Oil for example, at IC Markets, 1 lots of oil = 100 barrels, whereas at FP Markets 1 lot = 1 000 barrels.
The contract size can be viewed within MT4 terminal by right-clicking on the instrument in the Market Watch window and selecting "Specification".
Wealth Creation Through Technology

*Kommersiell användning och skräppost tolereras inte och kan leda till att kontot avslutas.
Tips: Om du lägger upp en bild/youtube-adress bäddas den automatiskt in i ditt inlägg!
Tips: Skriv @-tecknet för att automatiskt komplettera ett användarnamn som deltar i den här diskussionen.