Hello all,
I have a demo account at ATC and I'm totally confused as to chart pip increment value. ATC is of no help, so someone please educate me?!
1 micro lot (1000 contract) = $0.10
1 mini lot (10,000 contract) = $1.00
1 standard lot (100,000contract) = $10.00
The above I understand, BUT:
When I purchase 1 Mini Lot (0.10) (MTABroker/MT4) each pip movement on the chart is only $0.10, should it not be $1.00 with each pip movement??
Thank you in advance!!
K58
I have a demo account at ATC and I'm totally confused as to chart pip increment value. ATC is of no help, so someone please educate me?!
1 micro lot (1000 contract) = $0.10
1 mini lot (10,000 contract) = $1.00
1 standard lot (100,000contract) = $10.00
The above I understand, BUT:
When I purchase 1 Mini Lot (0.10) (MTABroker/MT4) each pip movement on the chart is only $0.10, should it not be $1.00 with each pip movement??
Thank you in advance!!
K58