I don't get the payout structure

Or shall I say even the order structure. fx Margin is different from what I’m used I’m thinking.

I opened a demo acct with onada. Placed a trade for 200 units of the eur/usd and I made 2 cents…huh.

I’m no stranger to trading, just to forex.

Thanks in advance

Read and learn : What is a Lot in Forex?

It would be a good idea to take the school of pipspology here at babypips eveb though you aren’t a stranger to trading.
If you haven’t trade forex before it’s a lot to learn there, and you’ll get it quick if you have been trading before :slight_smile:

Oanda support should be able to clarify how they structure.

200 units of EUR/USD with OANDA is €200. You’re trading a market where the moves are measured in 10,000ths of a point, if not less. Multiply €200 times 1/10,000 and you get a very small number.

Thanks for the link Tygma.

Wow, its tough to make money without a huge amount of leverage. Almost feel like I’d have to hold the position longer.