Hey there -- I'm no stranger to trading. I trade Forex and Futures. I'm also not a complete newb to cryptocurrency in general, but I am when it comes to actively trading it.
To me, it just seems like Forex but with crypto and I'd really like to start building up my crypto holdings by "trading up" my account rather than solely just converting cash into crypto over time.
What is confusing me a little bit is lot sizing, leverage, and the right brokers to use.
I was eyeing
CryptoAltum if anybody has experience with that?
Although I'd prefer something I can trade with Tradingview (my preferred charting / execution platform).
Aslo -- lot sizing.
With Forex it's pretty simple...
1,000 = micro-lot (approx. 10 cents per pip value on majors)
10,000 = mini-lot (approx $1 per pip value on majors)
100,000 = standard lot (approx $10 per pip value on majors).
But how is lot sizing determined with Crypto pairs?
I'm interested in trading crypto-against-crypto (for example LTC/BTC).
Is there an online calculator somewhere where I can easily determine the value per pip (or "tick"?) based on leverage and lot size?
Sorry if this has been answered a bazillion times.
The Government has no proposal to increase the amount provided under the Pradhan Mantri Awaas Yojana, the Minister for Rural Development Narinder Singh Tomar informed the Rajya Sabha today. -Economic Times
India’s financial system remains stable against the backdrop of improving resilience of the banking sector, even though the emerging trends in global economic as also geopolitical environment pose challenges, the RBI said. -Business Line
The RBI is reviewing its master direction on frauds and considering additional measures for timely recognition of frauds and enforcement action against violations, it said in its financial stability report (FSR). -Livemint
The RBI today set an average base rate of 9.18% for non-banking financial companies and micro finance institutions to be charged from their customers for the quarter beginning July 1. “The applicable average base rate to be charged by non-banking financial companies and micro finance institutions (NBFC-MFIs) to their borrowers for the quarter beginning July 1, 2019 will be 9.18%,” RBI said in a release. -Business Line
In a staggering revelation indicating that Indian banks have been under-reporting frauds. The Data released by the RBI in its latest edition of the Financial Stability Report, suggests that nearly 40% of the under-reported frauds actually took place in 3 years between 2013 to 2016. -Economic Times
Gross NPAs of NBFCs have risen from 5.8% in 2017-18 to 6.6% of their loans in 2018-19 even as net NPAs declined by 10 basis points from 3.8 to 3.7 per cent in the same period, the RBI’s Financial Stability Report has said. -Business Standard
After taking a hit on account of loans to IL&Fs, Bandhan Bank will stay away from big corporate loans, and will remain focused on micro-loans in the short term, C S Ghosh, MD & CEO of the bank said. -Business Standard
IndusInd Bank has now become 2.58% owner of micro -finance firm Satin Creditcare following allotment of 13.43 lakh equities against preference shares. -Economic Times
United Bank of India (UBI) is targeting an NPA recovery of around Rs 4,000 crore in the 2019-20 fiscal on the back of a one-time settlement (OTS) scheme, a top official said. In the April-June quarter, the bank is expecting a recovery of Rs 300-400 crore, which would mainly accrue from the retailing sector, MD and CEO Ashok Kumar Pradhan said. -Business Line
As per latest NPCI data, 33.5 million transactions worth Rs 9,000 crore happened over micro ATMs in May. The Aadhar-Enabled Payments Channel (AEPS), which falls under the broader category of micro-ATMs, has emerged as one of the fastest growing payments systems in the country, second only to the UPI system in terms of annual volume growth. -Economic Times
The SBI today revealed the names of 10 new big-ticket firms from the pharmaceuticals, gems and jewellery and power sectors and also their top officials as it declared them 'wilful defaulters'. Mostly based in Mumbai, the outstandings from these loan defaulters are pegged at nearly 1,500 crore, and they have been served repeated reminders to clear their borrowings. -Livemint
Bank of Maharashtra said it will raise up to Rs 3,000 crore equity capital through various modes, including follow-on public offer or preferential issuance of shares. The decision was taken at the bank's annual general meeting held on June 27, 2019. -Moneycontrol.com
SIDBI has committed Rs 3,123.2 crore to 49 SEBI registered Alternative Investment Funds (AIFs), who in turn have invested Rs 1,625.73 crore into 247 startups, commerce and industry minister Piyush Goyal said today. -Economic Times
In a first-of-its-kind initiative, a Jet Airways Employee Consortium and AdiGroup today announced a partnership to bid for 75% of the airline through the NCLT process, members of the consortium said. -Economic Times
Union Minister for MSME Nitin Gadkari said that his vision is to increase MSMEs contribution to India’s GDP to over 50% from the current 29% and that for the Indian economy to scale the $5 trillion mark. -Economic Times
PM Modi and US President Donald Trump Friday "aired" their concerns over the bilateral trade disputes and agreed for an early meeting of their commerce ministers to sort out the issues, a day after the US leader demanded withdrawal of the "very high" tariffs levied by India on American goods. -Economic Times
India has received USD 1.81 billion FDI from China during April 2014 to March 2019, Parliament was informed Friday. -Economic Times
India's foreign exchange reserve touched a life-time high of $426.42 billion after it surged by $4.215 billion in the week to June 21, RBI data showed. Forex reserves had scaled a record high of $426.028 billion in the week to April 13, 2018. -Livemint
USD/INR 69.02
SENSEX 39394.64(-191.77)
NIFTY50 11788.85(-52.70)
-#280619
Top 6 Micro Account Forex Brokers. Here are what we believe to be some of the best micro account forex brokers for you to choose from: Open an account. 73.57% of retail investor accounts lose money. Read full review + Add to compare. 1. XM. When it comes to micro account trading brokers, one of the best choices in the industry is XM. They offer a range of great account types that can ideally ... Micro accounts are one of three types of forex trading accounts, the other two being the mini account and standard account. With a micro account, a trader can trade with a contract size of 1000 units of currency. This type of trading account is mostly utilised by beginner traders as it lets them trade the forex market without having to risk a substantial amount of trading capital. Forex Brokers with Micro and Cent Accounts 2020. Forex brokers with micro and cent accounts allow their clients trade for real but without putting significant funds at risk. Advantages of companies allowing trading on cent and micro accounts are evident for the forex newcomers who have just began their trading career. Such clients need access to the minimal transaction volume, which makes them ... Note that cent accounts are often called ‘micro’ accounts, but it is the same thing. When should you open a cent account? If you just start trading after practicing on a demo, the cent account will be useful, as you can deposit a minimal sum of money. This way, you will trade live with real funds, but your losses won’t be large in case ... Micro-Konto hat Größen Mindest Handel bei 0,01 Los beginnen. Das macht Mikro eine beliebte Wahl für Händler mit niedrigeren Einlagenkonten, da es ihnen mehr Trades machen kann, während sie noch ihre Trading-Strategie zu verfeinern. 1 Mikro Menge gleich 10 Cent pro Pip vs $10 pro Pip mit einem Standard-Konto. Wir haben eine Top-Fünf-Liste der Top-regulierte Broker zusammengestellt, die ... Here you can find the Forex brokers that offer micro-lot accounts to their traders. One micro-lot is a hundredth of a standard lot, or 1,000 units of a currency. Despite its reputation, a micro-Forex account can be very useful even if you have enough trading capital for a standard account. It is much easier to implement conservative position sizing techniques with micro-lots. Some trading ... The Micro Cent Account is created to work with small investments, so you don’t have to deposit large amounts of money or keep a lot of it on your account to meet equity requirements. This provides the perfect learning environment where you can become more experienced and confident in your skills, while still making a profit.
For more information visit https://www.thetradingexperts.com Add me: https://www.facebook.com/BibianoForex Join Fb Group: https://www.facebook.com/groups/forextraderphilippines/ Free Laptop Giveaway: https://www.forexg... in this video part, i am am talking about, what is lot? what are the three different types of account? Standard Accounts. Mini Accounts, And micro Accounts. ... what is deference between USD And Cent accounts in Forex Trading. Also in This tutorial you find information about Micro , Standard And Mini accounts and Lot size. all information in hindi and ... In this tutorial, basics about Forex trading business is given. In this video, I am going to tell you about the Forex brokers with cent account. What is Cent... Forex - Lucrando em conta Cent - Duration: ... Leo Pereira 6,218 views. 9:47. Operando com pouco dinheiro - Conta Micro - Duration: 5:43. Leo Pereira 4,548 views. 5:43. Comissão ou Spread: Quais ... Discover how you can grow a small account in Forex Trading even if you have zero trading experience. ** FREE TRADING STRATEGY GUIDES ** The Ultimate Guide to... Cent Account Opening Link... http://bit.ly/LowestSpreadCentAccount Cent Account is the safest forex trading account. Its mostly best for new forex traders bu... Forex brokers with cent accounts Benefits and advantages of its use explained by Tani - Duration: 5:07. Tani Forex English 1,001 views
