minimum capital

[ThierryA]

Hello,

I'm new and want to know what is the minimum capital to deposit to follow an automatic signal ... Indeed, the trader opens positions but I must have enough margin to hold his positions but as we can not have positions less than 0.01 lots I want to know how to know the minimum capital?

Thank you

[William Roeder]

Depends on the signal and it's account balance.

If it has $1000 and opens 0.1 lot orders, then you'd need 1000/10/.95=$106 to open 0.01 lots on your account.

If it has $1000 and opens 0.01 lot orders, then you'd need 1000/1/.95=$1053 to open 0.01 lots on your account.

1. Down by reducing the deposit load below 95% (max)
2. Up by increasing your account balance vs. what the signal provider has. Signal lot size is adjusted from signal balance and leverage to yours.
   If you had used this you would have found among many:
             Icrease lot size - General - MQL5 programming forum
             signal provider has minimal volume 0.01, subscriber has 0.10 - how to change minimal volume ???? - MQL5 programming forum 2013.04.18