ive never used mt4 before and its really hard to understand ur risk if you cant even be given the margin req. for a position lol
any help would be nice
In the specification, there’s a margin rate. It’s the value of the index multiplied by that number. 0.05 for me, so 32800 × 0.05 is roughly the margin for me to take 1 lot
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I believe margins are set by your broker, regardless of the platform. I would go to your broker’s page and check.
My mobile app will tell me how much margin is available and how much my trade will require, but I can’t get that info from my platform (TradingView or MT4), not sure why.
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ok and how many units are there in a index contract ??? like 100,000 like forex???