Forex Forum

FAQs & EA settings => Frequently asked questions => Topic started by: Wayne on March 12, 2010, 04:06:47 pm

Title: Your Input on Account
Post by: Wayne on March 12, 2010, 04:06:47 pm
The broker I'm looking at using has the smallest size at 0.1  I am only planning to fund the account with $1,000. Will Aeron work for me okay or should I try and find a broker that offers smaller lot sizes?

If I do stay with 0.1 lot size minimum (which Aeron opens trade at 0.2) what settings should I use? Default settings or should I change them based on minimum lot size and account size?
Title: Re: Your Input on Account
Post by: aeron on March 12, 2010, 08:45:59 pm

I just answered a similar post please visit:
http://aeroninfo.com/forum/index.php?topic=408.msg720#msg720

You should use all default settings, all are very good.
However as per my knowledge that there is no broker with which you can work with 0.10 lots on $1000 balance.

You should go with 0.01 lots size, alse please read the above link,

The broker I'm looking at using has the smallest size at 0.1  I am only planning to fund the account with $1,000. Will Aeron work for me okay or should I try and find a broker that offers smaller lot sizes?

If I do stay with 0.1 lot size minimum (which Aeron opens trade at 0.2) what settings should I use? Default settings or should I change them based on minimum lot size and account size?
Title: Re: Your Input on Account
Post by: Wayne on March 13, 2010, 10:10:36 pm
FxOpen and BeamFX both allow 0.1 lots with $1,000 account balance with 400 or 500:1 leverage. I will check other brokers to see about micro accounts with 0.01 lot size.
Title: Re: Your Input on Account
Post by: aeron on March 14, 2010, 09:42:15 am
Some reputed brokers who allows 0.01 lots are
Prime4x, Forex.com, Alpari-UK

It is just a suggestion.

FxOpen and BeamFX both allow 0.1 lots with $1,000 account balance with 400 or 500:1 leverage. I will check other brokers to see about micro accounts with 0.01 lot size.
Title: Re: Your Input on Account
Post by: Wayne on March 14, 2010, 10:16:07 am
Thank you. I'll check in to them.

Can I open an Alpari UK account if I'm from the US?
Title: Re: Your Input on Account
Post by: Hemant on March 14, 2010, 11:14:24 am
Yes, seems not possible with Apari-UK for US residents.

Thank you. I'll check in to them.

Can I open an Alpari UK account if I'm from the US?