Is it possible to buy 1 single SPX500 contract using MT5? In the darwinex help it says that it is possible to buy 1 contract, but then it says that the contract size is 10 X SPX500, so I’m not sure to understand.
I’m trying to manually buy a specific number of contracts in MT5, but I don’t get how to do it:
I have $10.000 in the demo account. I’d like to buy 4 SPX500 contracts (so, almost no leverage, as each contract is currently around $2580). In the MT5 interface I’m allowed only to put 1 lot, which translates to a volume of 10 contracts:
Then, in the darwinex underlying strategy it says that it has been D-Leveraged around 6.x
I don’t get the calculations. If I have done 10 SPX500 contracts then it should be leveraged around 2.5 or something like that. If 1 contract==$2580, then 10 contracts ==$25800. If I have $10000 in the account, why it isn’t 2.5 D-leveraged?
Is there some way to manually introduce 4 contracts (to avoid leverage)? I can’t put for instance 0.1 in the MT5 interface.