Minimum and maximum position sizes refer to the smallest and largest tradexn sizes that a trader is able to enter in the market. These sizes can vary depending on the broker, the trading platform and the type of asset being traded.
In the forex market, for example, the minimum position size is typically a micro lot, which is equal to 1,000 units of the base currency in a currency pair. The maximum position size tradexn can vary but it is usually set by the broker and it could be as large as several hundred lots, depending on the broker.
In other markets such as stock, commodity or futures, the minimum and maximum position size can vary depending on the product, exchange and the broker.
It’s important to note that minimum and maximum position sizes can also vary depending on the type of account that a trader has. For example, some brokers may have lower minimum position sizes for professional traders or traders with larger account balances.
It is always important to check with your broker the minimum and maximum position size, as well as the margin requirements, before entering into a trade. This will help you to make sure that you have the necessary funds to support your trades and that you are not putting your account at risk.
TradeXN is an STP broker, which means that we just clear our clients’ trades and retranslate quotes we get from our liquidity providers. Orders in the real market are always executed at current market prices, which is why a slippage may occur in the case of a sharp movement. Please note, that during market-moving news or high volatility, the risk of slippage is higher than during normal conditions. With us, you will get both positive and negative slippages.
