Iconiq
Nov 19 2010, 04:09 AM
Hi,
I've had 3 demo accounts now, and all of them seem to have had the same gearing.
How do I find out what that gearing is?
When I place an order I see this at the bottom of the order confirmation screen:
1/100,000
Is that the gearing ratio, or does it refer to something else?
Kind regards,
Des
cskidmore
Jan 24 2011, 11:18 AM
Hi Des,
That 1/100,000 you see in the order window is not the account gearing; it is the lot size (i.e. 1 lot or 100,000 units). You should contact your forex broker's account executives or sales dept. to determine what margin/leverage requirements they have.
Regards,
Chris