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Hi guys, I have recently subscribed to a signal and the amount used for each trade is set at 5% of deposit. However it only trades 0.1 lot each time which is way less than what it should be.

with 5% of deposit, it should trade 1 lot each time...

Any ideas why?

Moderator
33504

xuy2014:

Hi guys, I have recently subscribed to a signal and the amount used for each trade is set at 5% of deposit. However it only trades 0.1 lot each time which is way less than what it should be.

with 5% of deposit, it should trade 1 lot each time...

Any ideas why?

Why do you think it should trade 1 lot ? What are the respective balance, leverage for your account and the provider ?
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angevoyageur:
Why do you think it should trade 1 lot ? What are the respective balance, leverage for your account and the provider ?

My balance is \$20k, Leverage 100.

Provider's balance is \$50k, leverage is also 100. However each time he trades 10 lots. His 1 pip is equal to \$10.

Moderator
33504

xuy2014:

My balance is \$20k, Leverage 100.

Provider's balance is \$50k, leverage is also 100. However each time he trades 10 lots. His 1 pip is equal to \$10.

5% of \$20K=1 000\$

Volume ratio is 1000/50000=2% so if he trades 10 lots you should get 0.2 lots.

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angevoyageur:

5% of \$20K=1 000\$

Volume ratio is 1000/50000=2% so if he trades 10 lots you should get 0.2 lots.

Got it, thanks!