NAS100

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Quoted - headies25284

I want to believe the lotsize for this pair is dependent on the broker cos what you just explained I have also experienced it in the past.

Yup but my other question wasn't answered, I asked how much each pip is worth when trading NAS100. If I want to trade 0.01 lot size how much will each pip be worth in USD?

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@headies25284 - 6 hours ago
Quoted - kemi_allen_omevia

Yup but my other question wasn't answered, I asked how much each pip is worth when trading NAS100. If I want to trade 0.01 lot size how much will each pip be worth in USD?

Example 1 (Profit)

You buy NAS100 at 18,000

Price goes to 18,100

That’s +100 points

πŸ‘‰ At 0.01 lot:

100 Γ— $0.01 = $1 profit

Example 2 (Loss)

You enter a trade

Price goes against you by 50 points

πŸ‘‰ At 0.01 lot:

50 Γ— $0.01 = $0.50 loss

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@headies25284 - 6 hours ago
Quoted - headies25284

Some brokers use a different contract size

Instead of:

1 lot = $1 per point

They use:

1 lot = $10 per point

πŸ‘‰ In that case:

0.01 lot = $0.10 per point (NOT $0.01)

How to be 100% sure (best method)

Do this on your platform:

Open a 0.01 lot trade

Let price move 10 points

Check profit/loss

If you see $0.10 β†’ $1 per 100 points β†’ standard

If you see $1 β†’ $10 per 100 points β†’ larger contract

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