Reply To: Question: FOREX positions 5k Demo

  • Luke Myers

    Member
    August 19, 2022 at 9:57 pm

    ok, I found the location to view the FOREX contract size in MT5. It is in Specifications. Mine says 1/2 or half size full contract 1 pip =$6. Can I request ( For risk management purposes of small account) that I get a mini contract FOREX size? So $1 is 1 pip. I trade on a 30 min chart ( right volatility) and my stop of 100 -200 pips with a 1 to 2 risk reward; so I need to risk no more than $100 to make $200 but my small 5k account needs the mini contract size. Is this possible to change ? Thanks

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