Net exposure

Beginner Questions
1

hi im a newb

and i have been trading a little and ive noticed i have a net exposure limit of 50 k

can this be inscreased?
PLUS what inscreses my exposure?

2

I think that’ll will be the total balance in your demo account, i.e. that is the maximum amount of money you will loose - all of it.

3

hi thanks for the info.

but i dont have a demo account.

i have so far deposit 200 pounds in my account.

p.s. im with iforex

4

I see, that will be the leverage, with £200 + leverage you can trade like you are trading with many times more, don’t worry about the calculations for this, all you need to concern yourself with is the amount you place per PIP on a trade.

5

thanks for your help im such a noob.

anyway i just wanted to clear one more thing up . i want to setup a take profit system in place.

but it shows 2 boxes to fill in which i dont know how

  1. amount:
    and 2) and value in usd:

can you tell me how i should fill it
e.g. lets says i want my deal to close automatically at 1.3383 eur

thanks

6

Put a few trades on with as small amount as possible then you will see what is going on.

Also, open a quick demo account and do some trades on that, but you won’t be able to do anything practically until tomorrow morning.