Hello everyone,
Other than InterbankFX, can anyone list down here brokers that offer nano lot or 1pip = 1cent.
Thanks
Other than InterbankFX, can anyone list down here brokers that offer nano lot or 1pip = 1cent.
Thanks
- #4
- May 17, 2007 9:42pm May 17, 2007 9:42pm
- | Membership Revoked | Joined Dec 2005 | 2,298 Posts
Oanda is the only one I know of that you can trade that small with............
In fact I closed my account wth them but still ended up with 24 cents left in the account, I can still trae it...........Maybe I'll just turn that 24 cents into a million bucks just to get even with them..
In fact I closed my account wth them but still ended up with 24 cents left in the account, I can still trae it...........Maybe I'll just turn that 24 cents into a million bucks just to get even with them..
Same Whore .... Different Dress
- #5
- May 17, 2007 9:51pm May 17, 2007 9:51pm
- Joined Sep 2004 | Status: Trader | 1,464 Posts
is nano lot same as Micro lot???
Real Trade...they have micro acc 'n i have trade with them for 6 months now..so far so good
What's next, a pico lot ($10 lot size)?
To be more consistent in the naming convention of different account flavors, I propose the following:
First, call a standard lot, simply a "Lot". So the naming convention would proceed thusly:
Lot = 100,000
Decilot = 10,000
Centilot = 1,000
Millilot = 100
Microlot = 10
Nanolot = 1
Picolot = 0.1
How's that for nerdy?
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
- #6
- May 17, 2007 10:20pm May 17, 2007 10:20pm
Dial,
If a micro lot is 1/10th of a mini lot, and a mini lot is 10K, then 1/10th of 10K is 1K...
Your list is off, if what you said is correct (which I assume, it is).
If a micro lot is 1/10th of a mini lot, and a mini lot is 10K, then 1/10th of 10K is 1K...
Your list is off, if what you said is correct (which I assume, it is).
A micro lot is a tenth of a mini lot, so a nano lot would be a tenth of a micro lot.
What's next, a pico lot ($10 lot size)?
To be more consistent in the naming convention of different account flavors, I propose the following:
First, call a standard lot, simply a "Lot". So the naming convention would proceed thusly:
Lot = 100,000
Decilot = 10,000
Centilot = 1,000
Millilot = 100
Microlot = 10
Nanolot = 1
Picolot = 0.1
How's that for nerdy?
- #8
- May 17, 2007 10:50pm May 17, 2007 10:50pm
- | Joined Feb 2007 | Status: Small is beautifull | 1,368 Posts
- #9
- May 17, 2007 10:51pm May 17, 2007 10:51pm
- Joined Sep 2004 | Status: Trader | 1,464 Posts
Dial,
If a micro lot is 1/10th of a mini lot, and a mini lot is 10K, then 1/10th of 10K is 1K...
Your list is off, if what you said is correct (which I assume, it is).
Lot = 100,000 (Old name is Standard Lot)
Decilot = 10,000 (Old name is Mini Lot)
Centilot = 1,000 (Old name is Micro Lot)
Millilot = 100 (Oanda)
Microlot = 10 (Oanda)
Nanolot = 1 (Oanda)
Picolot = 0.1 (Oanda)
Deci = 1/10, as in deciliter
Centi = 1/100 as in centimeter
Milli = 1/1000 as in millimeter
Nano = 1/10000 as in nanosecond
Pico = 1/100000 as in picofarad (a measure of capacitance)
"Mini" is not a valid name in this naming scheme.
Does anyone know the name of $1 Million and $10 Million lot sizes? I used to know, but I've forgotten since it has been so long since I traded that size. (Blew out my billion dollar account you know.
)Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
- #12
- May 24, 2007 10:44pm May 24, 2007 10:44pm
- Joined Apr 2006 | Status: Mmmm pips. | 1,418 Posts
Mr. Trend
Does anyone know the name of $1 Million and $10 Million lot sizes? I used to know, but I've forgotten since it has been so long since I traded that size. (Blew out my billion dollar account you know.
"Even the word impossible says that I M possible"
