How do I solve this maths in forex with a lot size of 0.1 and 0.01. Assuming I buy EUR/USD at 1.3456 and closed at 1.3500 with $50 investment (micro account) and a leverage of $10,000. How do I calculate my profit?
Secondly, which reliable broker can allow me trade this way?
I guess answer is 22 dollars but not sure. Thanks
Hi… my calculations differs from yours, but not sure if its correct…

Leverage has nothing to do with it, this just limits your biggest possible position.

You win 44pips = 0.0044$
3a. you have were long 1’000 units
$ = 1000 * 0.0044 = 4.4$
3b. you have were long 10’000 units
$ = 10000 * 0.0044 = 44$
 if your total position was 0.11lots = 11’000 Units.
$ = 11’000 * 0.0044 = 48.4$
hope this helps
[edit]
these calculations is based on that 1lot = 100’000’ units. If your micro account defines lot sizes differently you would have to remove some zeros;) also you would probably remove the spread from your profits to…
I like your calculation mate
Wow those were excellent calculations. Exactly my answers but wanted to be 100% convince. Cheers man