Disliked{quote} Just saying, last time i register Micro ECN under FxOpen AU(it was my mistake) because i thought that the starting lot size was 0.01, after i deposit my money 200aud, i try to open order but it was 0.1 minimum with 200aud which is pretty risky! I take my chances trying to trade, in the end i lost almost half of my deposit because of the lot size... I hope you can reconsider change minimum lot size for micro ecn(200aud) from 0.1 to 0.01Ignored
I pulled out a spreadsheet and ran a position sizing test. With a 0.1 (10,000 units of currency) minimum trade size, and 1:100 leverage for balances below $1000, even with a NZD base currency (say NZDUSD) you are looking at $70-90 margin just for one position and you can hold it for 155-160 pips before it reaches the 50% stop level.
I could be overlooking something, but I don't see the point in the micro ECN accounts with a 0.1 minimum order.
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