Sorry for a confusing question... Sometimes the simples things are the hardest for me to understand.
I got some sleep and see how silly my question is.
Now I understand it ;)
First of all sorry for not putting a better topic title. I couldn't find better one.
The question is based on a Crypto pairs but I think it refers to all the market.
Suppose that I play on a BitCoin market and a BitCoin is on a strong bullish ride.
At the same time, I want to buy Ethernum...
One simple question - If I fill an order for 10 000 and get 1$ per pip, does it mean that I had some kind of leverage?
It depends on the size of the deposit that broker charge before making an order?
Do I got it correct?
On a demo account:
Set an order for 100 000 - get 10$ on a 1 pip (standard lot)
Set an order for 10 000 - get a 1$ on a 1 pip (mini lot)
It still doesn't make sense for me why brokers have a different account type if I can set a different value for lot size on one account type and get a result...
I can't get it right! Please help me!
Can you give a clear example of a trade on Standard and Mini lot account? So I can see a difference?
Is Lot connected with Leverage?
I'm so confused... Neither book nor articles make this point clear for me. Please, can somebody give me a brief example...
Sorry. I meant - if standard position with leverage is 10 000$ and for mini 1000$ isn't the same amount to trade for 0.1 position in mini as 1 in standard?
Can't I just put different position sizing to get this same result in different account?
Hi!
If I have Standard Lot account And buy 1 lot isn't it the same as I would buy 0.1 lot at Mini Account?
So what is the purpose of having a standard , mini or micro lot account?
Can't I just put a different lot size like 0.1 or 0.01 in a standard account to get the same result?
Thanks...