This is from rules for trader:
Trader not allowed to leverage more than 10 times on any one currency pair at any one time.
10 times Leverage would mean 10 Lots per currency pair on $10.000.00 or 12 Lots on $12.000.00 account or 20 lots max per currency pair on a $20.000.00 account. Of course you can work with less leverage as well, it does not have to be the limit on each and every trade.
Is this clear? ( anther way to think of it is 1 lot per $1000.00 in the account per currency pair)
I'm confused. Here is rules for handling leverage. How lots is calculated here? Ok. My thoughts. 1 lot =100 000 usd.
I understand that here maximum leverage would be 1:10. So if I have 10 000 usd deposit, I can open 10 lots? How is that calculated?
Or that is forexfactory trade explorers leverage formula?
Trader not allowed to leverage more than 10 times on any one currency pair at any one time.
10 times Leverage would mean 10 Lots per currency pair on $10.000.00 or 12 Lots on $12.000.00 account or 20 lots max per currency pair on a $20.000.00 account. Of course you can work with less leverage as well, it does not have to be the limit on each and every trade.
Is this clear? ( anther way to think of it is 1 lot per $1000.00 in the account per currency pair)
I'm confused. Here is rules for handling leverage. How lots is calculated here? Ok. My thoughts. 1 lot =100 000 usd.
I understand that here maximum leverage would be 1:10. So if I have 10 000 usd deposit, I can open 10 lots? How is that calculated?
Or that is forexfactory trade explorers leverage formula?