Trading 0.001 lot or less
10 replies
tnickel
8 years ago #114237
Hi I have a Question.
It is possible to trade very small accounts with the SQ EAs.
For example 0.001 lot or less?
Who have experience with this?
I opened a cent Account at Forex4You
thomas
https://monitortool.jimdofree.com/
munchie
8 years ago #132854
mikeyc
8 years ago #132858
Forex4You.
The service is not available for US, UK and Japan residents.
Sounds suspicious to me. Another market maker broker that will ensure you never make a profit and if you do, cancel your trades and throw you out?
munchie
8 years ago #132861
Seems like it, why else would they not operate in the key regulated markets?
Sent from my iPhone using Tapatalk
mikeyc
8 years ago #132862
Regulated in some tinpot tax haven island too.
munchie
8 years ago #132863
mikeyc
8 years ago #132905
British Virgin Islands….
Patrick
8 years ago #132908
if you have no money its better not to trade 😀
mikeyc
8 years ago #132909
if you have no money its better not to trade 😀
Or trade with a micro cent account and turn $10 into $20 over a 10 year period. 😀
munchie
8 years ago #132910
geektrader
8 years ago #132947
There are no Forex brokers that support sub 0.01 lots, because Metatrader does technically not allow it. The lowest possible lot-size is always 0.01. If you want to trade less than 1000$ (0.01), you have to open a cent account. There you also trade 0.01 lots, but in this case they equal 100$ or 10$, depending on the broker. But remember, cent accounts are ALWAYS run by market maker (that will cheat you), as no ECN will accept lower than a 1000$ trade size (since banks won´t accept lower amounts).
Viewing 10 replies - 1 through 10 (of 10 total)