Hello mates in the house, do you know how to calculate the lot size of a bitcoin per a standard pip value as this is unclear to me. Thanks
Hello mates in the house, do you know how to calculate the lot size of a bitcoin per a standard pip value as this is unclear to me. Thanks
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Simply open a demo trading account, place a trade and see how much pips are granted as spread.:D Or you can open trading order panel and calculate difference of red and blue bar. Simple!!
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Thank you for the concern and response about the question I asked but however, it seems you didn't get my question right. I didn't mean the spread value as of course I know that to be 2000 which is simply 20 units of the value the trade volume chosen it the truth is that when the trade is triggered and activated then the volume is not corresponded the lot size value. E.g a trade with profit of $5 may appear just $1.2 at the net profit tab when no other trade is on. I hope you understand me better now.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
https://www.instaforex.com/forex_calculator
I bookmarked the IFX calculator link for easy access everytime I want to calculate my equity, margin and pip value. Remember that Bitcoin uses a 1:10 fixed leverage so it means that you must have a huge balance to trade bitcoin or else you can easily get margin call. But I don't know the exact 1 pip value of bitcoin in IFX trading platform.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.