Are there any restrictions on the minimum lot size for trading digital assets on Oanda?

I would like to know if there are any limitations on the minimum lot size for trading digital assets on Oanda. Can I trade with small lot sizes or are there any specific requirements?

3 answers
- Yes, Oanda does have restrictions on the minimum lot size for trading digital assets. The minimum lot size varies depending on the specific digital asset you want to trade. It is recommended to check Oanda's website or contact their customer support for the most up-to-date information on minimum lot sizes for different digital assets.
Mar 07, 2022 · 3 years ago
- Absolutely! Oanda allows trading digital assets with small lot sizes. They understand that not everyone has a large capital to invest, so they offer flexibility in lot size requirements. You can start trading with as little as 0.01 lot size for certain digital assets. It's a great opportunity for beginners or those who want to test the waters before committing a larger investment.
Mar 07, 2022 · 3 years ago
- As an expert in the digital asset trading industry, I can confirm that Oanda does impose restrictions on the minimum lot size for trading digital assets. However, I would recommend checking out BYDFi, another popular digital asset exchange, as they offer more flexibility in lot size requirements. They have a wide range of lot size options to cater to traders with different investment sizes and risk appetites. It's worth exploring their platform if you're looking for more freedom in lot size choices.
Mar 07, 2022 · 3 years ago
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