How to Calculate Standard Lot Size in Indices Trading for Standard Account - Calculate Indices Lot Size for Standard Lots
Calculate Lot Size for Standard Lots
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The Standard lot is calculated as a equivalent to one standard indices trading contract. The Standard lot volume in trading is therefore specified as 1 on software.
To Specify a Standard Lot trade size when opening a trade in MT4 Platform, use MetaTrader 4 open orders guide described below:
To set these orders in MT4 Software: open MT4, open a " chart', right-click on ' chart', select 'New Order' and then choose order either sell or buy as pictured below. (Short Cut Keyboard Keys - Press F9). Select The Symbol you want to trade & then below the Symbol, Select the trade "Volume" as 1 to specify Standard Lot Size.
How to Calculate a Standard Lot Size on MT4 Standard Indices Account
Standard Account Definition - the definition of a Standard trading account is an account type where traders open trades using Standard lots.
The Standard trading account allows Standard lots therefore the capital required to open this Standard trading account is a lot more than that required for opening a Mini account.