Post
Topic
Board Trading Discussion
Topic OP
MT4 lots and leverage
by
forestx
on 18/07/2023, 10:36:30 UTC
OK I was looking at other brokers and trading platforms recently and noticed most use MT4
I signed up for demo account with one downloaded MT4 to my desktop and put on my first trade btc/usd.

I lost but thats not the issue - I am trying to figure out how lots and leverage work with it
In binance its easy select -coin - select leverage select how much of balance you want to use.
With MT4 I need to select volume with I believe is lots. But what is a lot in btc or crypto and how do i set leverage.

I place da short trade btc/usd at 1 volume. Lets just say to trade was a mess

If I have a balance of $2000 and want to trade it all on btc/usd with a 10x leverage how do I do that

Thanks