How to Calculate Micro Lot Size in Indices for Micro Account - Calculate Lot Size for Micro Lots
Calculate Lot Size for Micro Lots
1 Micro lot - Lot size for Micro lots is therefore equal to one hundredth of the standard indices lot.
Micro lot is calculated as a equivalent to one hundredth of standard lot. The micro lot volume in trading is therefore specified as 0.01 on platform.
To Specify a Micro Lot trade size when opening a trade in MT4 indices trading Platform, use Meta Trader 4 open orders lesson described below:
To set these stock orders on Meta Trader 4 Software: open MT4, open a " chart', right-click on ' chart', select 'New Order' and then choose order either sell or buy as shown below. (Short Cut Keyboard Keys - Press F9). Select The Symbol you want to trade and then below the Symbol, Select the trade "Volume" as 0.01 to specify Micro Lot Size.
How to Calculate a Micro Lot Size on MetaTrader 4 Micro Account
Micro Account Definition - the definition of a trading micro stock account is an account type where traders open trades using micro lots. 1 Micro lot is equal to one hundredth of standard indices lot.
The Micro account allows many retail stock traders to access the stock trading market because with this trading account stock traders can trade smaller lots known as micro lots therefore capital needed to open this micro stock account isn't a lot as that required for opening a standard stock account.