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Date/Time: Mon, 24 Feb 2025 18:15:58 +0000



Post From: Translation of contract values from Sierra chart to LMAX

[2021-03-17 19:16:25]
User418920 - Posts: 31
I have a live trading account with LMAX for CFD and forex trading. It is connected to my Sierra account.

The connection between LMAX and Sierra works and I get the LMAX datafeed.

Can anyone help me out with a couple of questions that I have for the CFD instruments:
1.  What is the euro value of 1 point of the GDAXlm (mini DAX), the WS30m (DOW mini), and the NDXm (Nasdaq mini)?
2.  When I sell 1 CFD contract through Sierra chart trading, how does that translate to the number of CFD contracts in LMAX? Does 1 contract in Sierra equal 1 contract in LMAX?
3.  What is the leverage and where can I see that in my account?

And similar questions for the forex instruments:
1.  What is the pip value in euros of 1 pip in EURUSD? Is that (appr.) euro 1,20? ( one euro and 20 cents). Same question for the euro pip value of the JPY pairs, so for example EURJPY, is that (appr) euro 1,30?
2.  When I buy 10.000 (ten thousand) of a forex pair through Sierra’s chart trading, how does that translate into LMAX? Is that 1-> 1?
3.  What is the leverage and where can I see that in my account?

KR.