How Do I Calculate Cent Lot Size in Indices Trading for Cent Account - Calculate Indices Trading Lot Size for Cent Lots
Calculate Indices Trading Lot Size for Cent Lots
1 Cent lot - Lot size for Cent lots is equal to one thousandth of base lot.
Cent lot is calculated as the equivalent to one tenth of Micro lot. The Cent lot volume in trading is therefore specified as 0.01 on software.
To Specify a Cent Lot trade size when opening a trade on the MetaTrader 4 indices Platform, use MT4 open orders lesson shown below:
To set these stock orders in MT4 Software: open MetaTrader 4, open a " chart', rightclick on ' chart', select "New Order" & then select order either buy or sell as pictured below. (Short Cut key-board Keys - Press F9). Select The Trading Quote you want to trade and then below the Symbol, Select the trade "Volume" as 0.001 to specify Cent Lot Size.
How Do I Calculate a Cent Lot Size in MetaTrader 4 Cent Trading Account
Cent Trading Account Meaning - the definition of a Cent stock account is an account type where traders open trade transactions using Cent lots. 1 Cent lot is the equivalent of 100 units of base lot of indices.
The Cent account allows many retail stock traders to access the stock trading market because with this account stock traders can trade smaller lots known as Cent lots therefore the capital needed to open this Cent stock account isn't a lot as that needed for opening a standard account.
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