How Does MetaTrader 4 Software Calculate Lot Size for Standard Account?

How Do You Calculate Lot Size for Standard Account on MT4?

To calculate the position size to open a trade with a trader will need to specify the Standard lot by choosing the trade order size a 1 lots before opening a trade transaction.

A trader will specify this using the trade order window on MT4 and select 1 volume as explained on the example shown below:

To set these Standard Lots orders on the MT4 Software: open MT4, open a " xauusd chart', right-click on the ' xauusd chart', choose "New Order" & then select the trade order either sell or buy as illustrated below. (Short Cut Keyboard Keys - Press F9). Select The Quote you want to trade & then below the xauusd Symbol, Choose trade 'Volume' as 1 to specify Standard Lot.

How to Open Standard Lot on MetaTrader 4

How to Calculate Lot Size for Standard Account on MetaTrader 4.