Interactive Spread Sheet Calculator - details of operation beyond the scope of this post
For simplicity of approximation modelling, factors of slippage and latency, etc., are ignored.
The column Com (Commission) for simplicity of presentation has bee left blank - a typical value on ENC or Razor...
Base Currency Margin Table with reference to 1.00 Lot assigned 100,000 Base Currency Units
Base Currency Margin = ( Base Currency Units / Leverage ) x Lots
500:1 - 1.00 Lot: Base Currency Margin: 100,000 / 500 x 1.00 >> 200 x 1 = 200.00 ( EUR or USD or GBP or AUD or JPY, etc )
then ...
With the Greens riding high in the polls, one of its former politicians issues a dire warning...
a collection of cranks peddling their crackpot manifesto for chaos.
And, God help us all, they could hold the balance of power
Daily Mail
PART: TWO of TWO
BROKER WITH CORRECT TICK VALUE TRANSLATION: DAX - EUR: Deposit Currency USD.
Note: the broker has defined the tick value as 1 EUR x 25 x 0.1 = 2.5 EUR and the translation to deposit currency USD is 2.5 x 1.12991 = 2.82478 USD tv
BROKER WITH NO TICK VALUE TRANSLATION: DAX -...
PART: ONE of TWO
This answer is typical and typical misconception of
the novice trader
trader with limited numerical ability and experience.
trader with no understanding of the MQL4 language and how the MQL4 language defines words like tick value, margin currency etc. ....or regurgitation of...
NOTES
Words:
Base currency
Quote currency
Deposit currency
Margin
Base Currency Units (BCU)
Leverage (Lev)
Parity (Par)
Exchange Rate (Exch)
With regards EURUSD, EUR is the base currency and USD is the quote currency.
Easy Remember: Alphabetically B before Q, Base before Quote.
Margin
Margin...