What is the max lot size retail traders can trade? | Forex Factory

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What is the max lot size retail traders can trade?

  • #1
  • First Post: Aug 10, 2020 9:55pm Aug 10, 2020 9:55pm
I've seen many 1:100 traders trading with 100 dollar per pip sizes.

But I'm curious, how far up can it go? with a leverage of 1:100?

500 per pip? 1000 per pip?

For retail.

Before they slip you or split your order, whatever they do.

If you can't buy so high for retail, does that mean you need an institutional platform to trade in?

I hate 1:500 leverage. Makes zero sense to me to go past 1:100.
  • #2
  • Aug 10, 2020 11:05pm Aug 10, 2020 11:05pm
watch the "specifications" on whatever instrument you want to trade.. everything its there, including max lot size =)

And dont worry of slippage unless placing "large" lot size unless you are trading out of "max liquidity" hours and want to max out the lots; BTW 1:500 makes sense and its perfectly fine if you know what are you doing and NO its not dangerous, again, if you know what you are doing
  • #3
  • Aug 11, 2020 5:14am Aug 11, 2020 5:14am
Quoting havo
watch the "specifications" on whatever instrument you want to trade.. everything its there, including max lot size
Be specific, what are you talking about?

Do you have experience with 1,000 dollar per pip trading?
  • #4
  • Aug 11, 2020 6:10am Aug 11, 2020 6:10am
Use this script, by dragging it onto your chart it will give you all the specification of the currency pair for your broker.
Look at Max Lot

Attached File(s)
File Type: ex4 accountdetails.ex4   7 KB | 465 downloads
It never gets easier, you just get better
  • #5
  • Aug 11, 2020 6:16am Aug 11, 2020 6:16am
biggest for me is 1 lol
  • #6
  • Aug 11, 2020 7:39am Aug 11, 2020 7:39am
Quoting pa18
{quote} Be specific, what are you talking about? Do you have experience with 1,000 dollar per pip trading?
i though you asked about the max lot size per trade and i told you how to know that, but re reading your question now i understand that you want to know how big its a given trade in lot size vs leverage used? that depends, there are calculators online that can tell you that easily

And NO, i have not traded 1000$ per pip (100 lot position) but i had a crap load of stacked order closing at around the same price number that combined was a few lot size and never got slippage or anything, the ping from your PC to the brokers server its more important in this case

AND how "transparent" your broker is when you want to withdraw your money too =)
  • #7
  • Aug 11, 2020 4:49pm Aug 11, 2020 4:49pm
Quoting pa18
I've seen many 1:100 traders trading with 100 dollar per pip sizes. But I'm curious, how far up can it go? with a leverage of 1:100? 500 per pip? 1000 per pip? For retail. Before they slip you or split your order, whatever they do. If you can't buy so high for retail, does that mean you need an institutional platform to trade in? I hate 1:500 leverage. Makes zero sense to me to go past 1:100.
Usually 200 lots per order. But, a free advice, when you get there, never place such and order. Split them in 10 lots for example, different prices and accumulate positions. When you will get there you will understand why. One mention, this applies to our typical retail brokers, when you will trade with a prime you will have some other options.
Living the way my older self would have wished for my younger self. RazvanI
  • #8
  • Last Post: Aug 12, 2020 7:28am Aug 12, 2020 7:28am
Quoting pa18
I've seen many 1:100 traders trading with 100 dollar per pip sizes. But I'm curious, how far up can it go? with a leverage of 1:100? 500 per pip? 1000 per pip? For retail. Before they slip you or split your order, whatever they do. If you can't buy so high for retail, does that mean you need an institutional platform to trade in? I hate 1:500 leverage. Makes zero sense to me to go past 1:100.
The max lot size allowed on one position differs depending on your broker and is usually explained on the broker's website.

If you do not want to go through the margin calculations to find out the max lot size possible based on your leverage, then you can simply open up a demo account and test it out yourself.

Regarding slippage, it all depends on the market conditions (volume & volatility). You'll have to experience it yourself and find out if the slippage is acceptable for your trading style. Slippage generally hurts scalpers more, but I've seen a few traders use lot sizes in the 10's or even the 100's when they're mainly scalping for 3-10 pips. It is a matter of whether you accept that this is part of trading or not.

As far as I know, brokers don't split up positions for you. You are responsible for that.

Just because you are offered 500:1 leverage doesn't mean you need to max out your margins and over-leverage. Manage your risk properly and you're good to go.
Good Day Sir!
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