What’s The Minimum And Maximum You Can Trade – FAQ

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Question: What is the minimum/maximum trading volume on XM MT4/MT5 accounts?

The Maximum and Minimum trading size for each XM account type is as below.

Minimum volume Maximum volume
Micro 0.01 lot 100 lot
Standard & XM Zero 0.01 lot 50 lot

Please be noted that lot size for each account is different.

  • STANDARD account: 1 lot = 100,000 units
  • MICRO account: 1 Lot = 1,000 units

For certain financial instruments, the limitation is set lower than the above.

For more information, please refer to XM’s contract specification or contact the support team.

You can also check the available trading volume by putting the numbers on MT4 and MT5 platforms.

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can i withdraw the prize of 10 year anniversary? what is requirement?

what if someone have more than $5 to deposit in standard account is it posible

I have nice experience with xm and I just withdrawn profit after 3 month of trading. Very professional and I will continue using mt5 account.

I trust xm with my money. Professional and serious support unlike other amateur brokers. My favourite brokers are xm and fxpro. They are really recommended!!

I have deposited 21.18 USD on my XM account but I can’t trade it but the minimum currency is 5 USD what seems to be the problem?

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XM is the best broker

I was trading news and they just closed my order while it was in profit but my funds never reflected i hate xm

obviously the best broker xm. don’t believe these losers who can’t never profit and blame broker for loss.

Xm market maker with High Slippage , my accounts got margin many times of XM slippage

I had trade with several others but probably xm is most decent and professional. happy that found a broker like XM.

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Hercules.Finance is a financial education website powered by a team of Financial Specialists and IT experts, mainly introduce solutions of Forex, CFD and Commodity Investment, and a number of Payment Services. With more than 30 partnered companies all over the world, Hercules.Finance offers trusted and timely information for Investors and Users of the services. By referring to Hercules.Finance, you can find all latest News/Information, Financial Technical/Fundamental Analysis, Main/Exclusive Bonus Promotions of partnered companies and a number of Educational Materials of Finance. For the list of all partnered companies, please visit here. For more latest information of the website, please visit hercules.finance.

Risk Warning

Foreign Exchange and Contracts for Difference (“CFDs”) are complex financial products that are traded on margin. Trading Forex & CFDs carries a high level of risk since leverage can work both to your advantage and disadvantage. As a result, Forex & CFDs may not be suitable for all investors because you may lose all your invested capital. You should not risk more than you are prepared to lose. Before deciding to trade, you need to ensure that you understand the risks involved taking into account your investment objectives and level of experience. Past performance of Forex & CFDs is not a reliable indicator of future results. All information on Hercules is only published for general information purposes. We do not present any guarantees for the accuracy and reliability of this information. Please note the spreads displayed in the website are all included extra trading commissions, as it shows the whole commissions charged by each broker. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in connection with the use of our website.

General Questions

IQ Option is a trading platform that helps you start your journey as a trader. We offer the following instruments:

– CFDs on currency pairs

– CFDs on commodities

– CFDs on Cryptocurrencies

You can start practicing on a demo account, and then continue trading with real funds. Our graphical tools and convenient technical analysis indicators help you make trading decisions.

According to company policy, we do not disturb our traders with outgoing calls, except for the welcome calls that our Fresh Team makes when our traders make their first deposit. Nevertheless, you are always welcome to contact us using one of the following ways:

1) Call us anytime at:

United Kingdom: +44 20 8068 0760 (London toll rate); +44 80 0069 8644;

South Africa: +27 87 550 21 61;

Australia: +61 261 452 936 (Canberra);

Mexico: +52 18 002 889 985 (Toll-free);

Brazil: +0800 878 3257 (Toll-free); +55 61 3550 0638 (Brasília);

Portugal: +351 882 880 034 (Toll-free); +351 308 807 766 (National);

Argentina: +54 115 173 7455 (Buenos Aires);

Singapore: +65 3163 7458 (Singapore);

Spain: +34 90 086 16 12 (Toll-free); +34 91 123 87 48 (Madrid toll rate);

Chile: +56 442 045 012;

India: +91 000 800 040 13 61 (Toll-free);

Thailand: +66 2 104 07 95 (Bangkok);

Colombia: +57 800 755 0167 (Toll-free)

2) Write to us in the Live Chat on the platform.

The minimum investment amount for today’s trading conditions can be found on the Company’s trading platform/website. The maximum investment amount is $20,000.

The maximum amount on some assets may vary according to the market conditions.

The company doesn’t provide loans for trading.

Thank you for understanding!

Yes, we do! And on computers, the platform responds faster in the application for Windows and Mac OS. Why is it faster to trade in the application? The website is slower to update movements on the chart because the browser doesn’t use available WebGL capabilities for maximizing the computer’s video card resources. The application doesn’t have this limitation, so it updates the chart almost instantaneously. We also have apps for iOS and Android. You can find and download the applications on our download page.

If a version of the app is not available for your device, you can still trade using the IQ Option website.

The Minimum Capital Required to Start Day Trading Forex

Martin Child / Getty Images

It’s easy to start day trading currencies because the foreign exchange (forex) market is one of the most accessible financial markets. Some forex brokers require a minimum initial deposit of only $50 to open an account and some accounts can be opened with an initial deposit of $0.

And unlike the stock market, for which the Securities and Exchange Commission requires day traders to maintain an account with $25,000 in assets, there is no legal minimum amount required for forex trading.   

But just because you could start with as little as $50 doesn’t mean that’s the amount you should start with. You may want to consider some scenarios involving the potential risks and rewards of various investment amounts before determining how much money to put in your forex trading account.

Risk Management

Day traders shouldn’t risk more than 1% of their forex account on a single trade. You should make that a hard and fast rule. That means, if your account contains $1,000, then the most you’ll want to risk on a trade is $10. If your account contains $10,000, you shouldn’t risk more than $100 per trade.

Even great traders have strings of losses; if you keep the risk on each trade small, a losing streak can’t significantly deplete your capital. Risk is determined by the difference between your entry price and the price at which your stop-loss order goes into effect, multiplied by the position size and the pip value.

Pip Values and Trading Lots

The forex market moves in pips. Let’s say the euro-U.S. dollar (EUR/USD) currency pair is priced at 1.3025. That means the value of one euro, the first currency in the pair, which is known as the base currency, is $1.3025.

For most currency pairs, a pip is 0.0001, which is equivalent to 1/100th of a percent. If the EUR/USD price changes to 1.3026, that’s a one pip move. If it changes to 1.3125, that’s a 100 pip move. An exception to the pip value “rule” is made for the Japanese yen. A pip for currency pairs in which is the yen is the second currency—called the quote currency—is 0.01, which is equivalent to 1 percent.   

Forex pairs trade in units of 1,000, 10,000 or 100,000, called micro, mini, and standard lots. 

When USD is listed second in the pair, as in EUR/USD or AUD/USD (Australian dollar-U.S. dollar), and your account is funded with U.S. dollars, the value of the pip per type of lot is fixed. If you hold a micro lot of 1,000 units, each pip movement is worth $0.10. If you hold a mini lot of 10,000, then each pip move is $1. If you hold a standard lot of 100,000, then each pip move is $10. Pip values can vary by price and pair, so knowing the pip value of the pair you’re trading is critical in determining position size and risk.

Stop-Loss Orders

When trading currencies, it’s important to enter a stop-loss order in case the value of the base currency goes in the opposite direction of your bet. A simple stop-loss order would be 10 pips below the current price when you expect the price to rise or 10 pips above the current price when you expect the price to fall.

Capital Scenarios

$100 in the Account

Assume you open an account for $100. You will want to limit your risk on each trade to $1 (1% of $100).

If you place a trade in EUR/USD, buying or selling one micro lot, your stop-loss order must be within 10 pips of your entry price. Since each pip is worth $0.10, if your stop loss were 11 pips away, your risk would be $1.10 (11 x $0.10), which is more risk than you want.

You can see how opening an account with only $100 severely limits how you can trade. Also, if you are risking a very small dollar amount on each trade, by extension you’re going to be making only small gains when you bet correctly. To make bigger gains—and possibly derive a reasonable amount of income from your trading activity—you will require more capital.

$500 in the Account

Now assume you open an account with $500. You can risk up to $5 per trade and buy multiple lots. For example, you can set a stop loss 10 pips away from your entry price and buy five micro lots and still be within your risk limit (because 10 pips x $0.10 x 5 micro lots = $5 at risk).

Or if you choose to place a stop loss 25 pips away from the entry price, you can buy two micro lots to keep the risk on the trade below 1% of the account. You would buy only two micro lots because 25 pips x $0.10 x 2 micro lots = $5.

Starting with $500 will provide greater trading flexibility and produce more daily income than starting with $100. But most day traders will still be able to make only $5 to $15 per day off this amount with any regularity.

$5,000 in the Account

If you start with $5,000, you have even more flexibility and can trade mini lots as well as micro lots. If you buy the EUR/USD at 1.3025 and place a stop loss at 1.3017 (eight pips of risk), you could buy 6 mini lots and 2 micro lots.

Your maximum risk is $50 (1% of $5,000), and you can trade in mini lots because each pip is worth $1 and you’ve chosen an 8 pip stop-loss. Divide the risk ($50) by (8 pips x $1) to get 6.25 for the number of mini lots you could buy without exceeding your risk. You would break up 6.25 mini lots into 6 mini lots (6 x $1 x 8 pips = $48) and 2 micro lots (2 x $0.10 x 8 pips = $1.60), which puts a total of only $49.60 at risk.

With this amount of capital and the ability to risk $50 on each trade, the income potential moves up, and traders can potentially make $50 to $150 a day, or more, depending on their forex strategy.

Starting out with at least $500 gives you flexibility in how you can trade that an account with only $100 in it does not have. Starting with $5,000 or more is even better because it can help you produce a reasonable amount of income that will compensate you for the time you’re spending on trading.

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