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What is the leverage for contests account?
May 06, 2010 at 02:32
(editado May 06, 2010 at 02:36)
Membro Desde Mar 22, 2010
8 posts
Today teh contest start, but what is the leverage for contests account?
I opened 0.05 lots, but the money used is 996. the leverage is about 1:6, Why?
see the ilst of Contest Competitors :
https://www.myfxbook.com/contests/myfxbook-trading-championship-may-2010/1/competitors
1:0, 1:200, 1:100 ......
???????????????????/
for the No 1 now,
MGL
https://www.myfxbook.com/members/MNGL/mgl/29877
he can open 1 lot ????!!!
I opened 0.05 lots, but the money used is 996. the leverage is about 1:6, Why?
see the ilst of Contest Competitors :
https://www.myfxbook.com/contests/myfxbook-trading-championship-may-2010/1/competitors
1:0, 1:200, 1:100 ......
???????????????????/
for the No 1 now,
MGL
https://www.myfxbook.com/members/MNGL/mgl/29877
he can open 1 lot ????!!!
Membro Desde Apr 20, 2010
814 posts
Membro Desde Jul 31, 2009
1449 posts
May 06, 2010 at 07:23
Membro Desde Jul 31, 2009
1449 posts
The leverage seen on the competitors page is not necessarily the real leverage, it's just what was selected by the trader at account opening.
FXDD set the leverage to 1:200.
FXDD set the leverage to 1:200.
Membro Desde Dec 10, 2019
18 posts
Jun 21, 2020 at 14:49
Membro Desde Dec 10, 2019
18 posts
Hmm, I've never seen such a little leverage before... Maybe it's some kind of malfunction. Actually, it's a good thing it turned out to be small, but it's a much better option than an unnecessarily high leverage. So you can say you're lucky!
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