The Forex Mini Account

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The Forex Mini Account.

For 1 lot of position, which means the account will be margined out if EUR/USD moves 447 pips against the position., In account A, the free usable margin is 500 - (50+3) = 447 Once EUR/USD moves 23/9 = 3 pips against the positions, there would be not enough usable margin and account A will be margined out. With 500 - (50+3)*9 = 23USD free usable margin left for 9 lots., The max number of lots open at one time = (500/(50+3)) = 9 lots

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See if anyone wants to carpool to the meeting. It'll give you another chance to get to know that member better on a personal level and you'll be helping the earth at the same time.

The value of each share or unit of the mutual fund is called NAV (Net Asset Value).

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