Disliked{quote} Nothing wrong with trade explorer. In a standard account 1 lot = 100000 units. For example: 0.0025 is 0.0025 X 100000 = 250 contracts of DAX30. Each point movement of DAX30 contract is 1 Euro. Each point movement of 250 contracts = 250 Euros. Margin: Leverage is 1:400. So for 250 contracts: (250 X Price of DAX30) / 400. Margin for that trade in his explorer: (250 X 10400) / 400 = 6500 Euros. His account had 12,139 Euros when he took that trade.Ignored
Hi, you told 0.0025 lot * 100000 = 250 contracts and each price movement of DAX for 250 contracts is 250 euros.
that means are you saying when we trade with 1 lot for DAX, which is 100000 contracts and each price movement is 100000 euros????