Can someone recommend a Nano-lot broker? | Forex Factory

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Can someone recommend a Nano-lot broker?

  • #1
  • First Post: Feb 19, 2012 10:14am Feb 19, 2012 10:14am
Hi! Can someone recommend a nanolot broker?
someone who is regulated, and allow hyper scalping and also hedging,
the reason I need a nano lot broker is because we are making a Martigale EA,
and I want to test it in a live inviroment with the minimum risk.
Nanolot is not microlots! it's smaller, 0.001
I have been looking at Oanda and IBFX but they doesn't seem to allow hedging or scalping, haven't found anything on Goolge.
they should also have MT4 ofcourse
Bulls are stupid Animals!especially when Im short!
  • #2
  • Feb 19, 2012 12:35pm Feb 19, 2012 12:35pm
I need the hedging in one acount because the EA hedge also

microlot is 1000 = o,o1
a nanolot is smaller
Bulls are stupid Animals!especially when Im short!
  • #3
  • Feb 19, 2012 12:54pm Feb 19, 2012 12:54pm
You are mistaken.

In the real world the correct levels are the following:

Standard Contract is 100,000 units which is 10.00 per point.
Mini Contract is 10,000 units which is 1.00 per point.
Micro Contract is 1,000 units which is 0.10 per point.
Nano Contract is 100 units which is 0.01 per point.

However, some brokers have their own interpretation of the above.

Dont confuse contract size with lot size, they are different things.

Scoobs.
  • #4
  • Feb 20, 2012 2:56am Feb 20, 2012 2:56am
Thats exactly correct but Im not misstaken, thats what I wrote, do you know of any such brokers?

http://forextrading.about.com/od/ris.../lot_sizes.htm
http://www.investorwords.com/18389/nano_lot.html
Bulls are stupid Animals!especially when Im short!
  • #5
  • Feb 20, 2012 3:55am Feb 20, 2012 3:55am
Quoting roughtrader
Hi! Can someone recommend a nanolot broker?
someone who is regulated, and allow hyper scalping and also hedging,
the reason I need a nano lot broker is because we are making a Martigale EA,
and I want to test it in a live inviroment with the minimum risk.
Nanolot is not microlots! it's smaller, 0.001
I have been looking at Oanda and IBFX but they doesn't seem to allow hedging or scalping, haven't found anything on Goolge.
they should also have MT4 ofcourse
If you're not from USA, my recommendation is IBFX (Australia). Other than that, micro-lot size account with regulated brokers is the best option.

cheers
  • #6
  • Feb 20, 2012 7:27am Feb 20, 2012 7:27am
Thanks for the tip, so they allow hedging at IBFX if Im not from the US?
Bulls are stupid Animals!especially when Im short!
  • #7
  • Feb 20, 2012 10:08am Feb 20, 2012 10:08am
Quoting roughtrader
Thanks for the tip, so they allow hedging at IBFX if Im not from the US?
If IBFX (Australia), YES!

cheers
  • #8
  • Last Post: Feb 20, 2012 10:09am Feb 20, 2012 10:09am
sounds good, IBFX it is then, thanks again
Bulls are stupid Animals!especially when Im short!
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