Sunday, 16 December 2007
PointBreak EA capital requirements
Question;
My PointBreak demo is not trading at all. Moreover, it gives me the message that there are not enough funds in the account to trade with theselected risk level. The lot size is set to .01, the risk setting is at1, and the account has 5000.
Answer;
Every $10,000 PointBreak will open 1 micro (0.1 mini or 0.01 standard lot); InterbankFX Mini account can open 0.01 mini which is mini micro (0.001 standard lot);so Pointbreak can run on $1,000 for Interbank Mini account. Other brokers, such as FXDD only have Standard Lots do not have ability to open 0.01 mini (0.001 standard lot); so the requirement with other brokers would be $10,000.
My PointBreak demo is not trading at all. Moreover, it gives me the message that there are not enough funds in the account to trade with theselected risk level. The lot size is set to .01, the risk setting is at1, and the account has 5000.
Answer;
Every $10,000 PointBreak will open 1 micro (0.1 mini or 0.01 standard lot); InterbankFX Mini account can open 0.01 mini which is mini micro (0.001 standard lot);so Pointbreak can run on $1,000 for Interbank Mini account. Other brokers, such as FXDD only have Standard Lots do not have ability to open 0.01 mini (0.001 standard lot); so the requirement with other brokers would be $10,000.
Labels: capital requirements, PointBreak EA
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