What type of account to choose? - Page 3
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Thread: What type of account to choose?

  1. #21
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    i prefer fix-cent because it is four digit system and i love four digits system because it gives me actually the target that i want when i trade and put take profits or stop loss but the other system that has 5 digits will not give me the exact target that i want although this system may be profitable and may has lower spread than four digit system but four digit account is more friendly for me than that of 5 digit account

  2. #22
    I think the pro-cent account better because it uses 5 decimal digits. During this time I could not adapt to the chart 4 digits because I use technical analysis not run properly using a 4-digit chart, is usually spread that changes often also be a problem, but if we are trading with a swing, it seems not so problematic for our orders in accordance with the market.

  3. #23
    i choose account type, fix-cent, because the spread is fixed 2 pips, i dont want use foating spread, if i open position by news the spread can is 50 pips, its no good idea

  4. #24
    In my opinion it depend on how much my capital i can use my account .If i have big capital i can use standerd account and use the less pip 10 cent but if i have very small account i have to use cent account and my pip be one cent to can continue in that hard market .
    This is what the expert call the money management.

  5. #25
    Trader Nizar's Avatar
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    Quote Originally Posted by alaa_22 View Post
    In my opinion it depend on how much my capital i can use my account .If i have big capital i can use standerd account and use the less pip 10 cent but if i have very small account i have to use cent account and my pip be one cent to can continue in that hard market .
    This is what the expert call the money management.
    i prefer cent accounts because they give me the liberty to trade with as small lot size as i want,sometimes with standard account you are not allowed to use very small lot size and the lowest size you can chose is .1 when one pips equals one dollar which is in my opinion very dangerous unless you have a capital of thousands of dollars of course.
    Bend your view to the charts, not the charts to your view

  6. #26
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    According to my trading history, i have not used the cent account before , i do not like the fact that my money will be reading not real value in dollars. This is a confusion to me when i want to place the lot size in cent account, i mistaken it for the standard lot size that you can find in real forex standard account that i am used to.

  7. #27
    Quote Originally Posted by Nizar View Post
    i prefer cent accounts because they give me the liberty to trade with as small lot size as i want,sometimes with standard account you are not allowed to use very small lot size and the lowest size you can chose is .1 when one pips equals one dollar which is in my opinion very dangerous unless you have a capital of thousands of dollars of course.
    i'm agree with your statement i prefer using cent account because i can using my system like headging and etc with a small lot size what you want..because i have fund is small
    and no problem procent using fix spread and dinamic spread because i like it account in the roboforex..

  8. #28
    Trader Nizar's Avatar
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    Quote Originally Posted by silverlady View Post
    According to my trading history, i have not used the cent account before , i do not like the fact that my money will be reading not real value in dollars. This is a confusion to me when i want to place the lot size in cent account, i mistaken it for the standard lot size that you can find in real forex standard account that i am used to.
    there is no much difference in value between cent and dollar account and you just add you can read youe equity easily just like you do in this forum,your points are measured in cents..cents accounts usually have better trading conditions like better margin call level and stop out level also they have better leverage and low initaila deposit.
    Bend your view to the charts, not the charts to your view

  9. #29
    Quote Originally Posted by Nizar View Post
    there is no much difference in value between cent and dollar account and you just add you can read youe equity easily just like you do in this forum,your points are measured in cents..cents accounts usually have better trading conditions like better margin call level and stop out level also they have better leverage and low initaila deposit.
    Of course with our capital cents multiplied by 100 of the initial capital fund that makes us be multiplied because our capital is converted into cents. whatever his system makes our resistance becomes high and away the word margin call.
    like condition when i open order your fund multiplied 100of the initial capital..10$x100 become 1000 cent

  10. #30
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    Quote Originally Posted by HendiSTR View Post
    Of course with our capital cents multiplied by 100 of the initial capital fund that makes us be multiplied because our capital is converted into cents. whatever his system makes our resistance becomes high and away the word margin call.
    like condition when i open order your fund multiplied 100of the initial capital..10$x100 become 1000 cent
    Please let something be clear in the forex, do not let us lose the goodness of our trading to the market trading uncertainty of traders. What i do not know here is that it pays some traders to use 1/100 account than to use the standard account that has equivalent when they are using lot like 0.01. This is barbaric to me.

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