9

Categories

November 19, 2016

Question:Is lot(contract) size different for each symbol on MT4 (MetaTrader4)?

Answer:

Do you live in South Africa? Then please go to HotForex ZA (South Africa) main introduction page.

Yes, contract Sizes are different for each CFD symbol on HotForex MT4.

Here are the contract size of all financial instruments offered by HotForex.

1 lot size (Contract Size)

Forex Currency Pairs100,000 units
Natural Gas1,000 MMBtu
UKOil &USOil100 Barrel
XAG (Silver)1,000 ounces
XAU (Gold)100 ounces
Coffee37500 Lbs
Copper25000 Lbs
Corn5000 Bushels
Palladium100 Troy Oz
Platinum50 Troy Oz
Sugar #11112000 Lbs
Wheat5000 Bushels
Stock CFDs100 shares
Index CFD1 Index
The above contract sizes are subject to change by HotForex at anytime. (November 2016)

Contract sizes are very important when calculating margin requirements to trade them.

HotForex Official Website

For example

If you like to trade XAUUSD(Gold), then you may need to calculate the margin requirement with the below formula:

Notional Value*/100

Notional Value = Number of ounces* Current Market Price

For example if an account open 1 lot (or 100 ounces) of gold the required margin will be the following:

100 * 1585 /100 = $1585

The pip value for a 1 lot position is $1 per pip

The contract size directly affects the required margin for your positions.

You can find out how much margin is required open a position, in the Official Website.

All Forex Brokers

  • 1Market
  • 4XC (4xCube)
  • AAAFx
  • AdroFX
  • AGEA
  • AltumFX
  • ATFX
  • AvaTrade
  • Axi
  • Axiory
  • AZAforex
  • BDSwiss
  • BKFX
  • BlackBull Markets
  • BlackStone Futures
  • Capex
  • ClickTrades
  • CM Trading
  • Deriv
  • easyMarkets
  • EightCap
  • ETFinance
  • Evolve Markets
  • EXNESS
  • FBS
  • FinmaxFX
  • ForexMart
  • ForexVox
  • FortFS
  • Fortrade
  • FP Markets
  • FXCM
  • FXDD
  • FXGiants
  • FXGlory
  • FXOpen
  • FXPRIMUS
  • FxPro
  • FXTM
  • HotForex
  • HotForex ZA (South Africa)
  • HYCM
  • IC Markets
  • IFC Markets
  • InstaForex
  • IronFX
  • JustForex
  • Land-FX
  • Libertex
  • LiteForex
  • LMFX
  • LQDFX
  • M4Markets
  • MiltonMarkets
  • MyFX Markets
  • NordFX
  • OANDA
  • OctaFX
  • Oinvest
  • Olymp Trade
  • PatronFX
  • PaxForex
  • SimpleFX
  • SquaredFinancial
  • SuperForex
  • ThreeTrader
  • Tickmill
  • Tifia
  • Titan FX
  • TopstepFX
  • Trade Nation
  • Trade360
  • Traders Trust
  • Tradeview
  • UFX
  • USGFX
  • Valutrades
  • VantageFX
  • XM
  • XMTrading
  • XTB
  • YADIX

All Crypto-Currency Exchanges

  • Bibox
  • Binance
  • BitMEX
  • Bitpanda
  • BKEX
  • bybit
  • CEX.IO
  • CoinEx
  • CoinField
  • CoinPark
  • HitBTC
  • IRONX
  • Kriptomat
  • Paxful
  • PrimeBit
  • StormGain
  • Swapzone
  • Trade8
  • Wisebitcoin
  • XBTFX
  • YObit

More from our partners