CENT ACCOUNT LOT SIZING WORKSHEET bestmt4ea.com - free to use and share, provided without warranty Complete one copy per balance and stop distance. Measure the broker's minimum lot from the account specification, not the marketing page. Date every entry. BROKER: ______________________ ACCOUNT: cent / standard (circle one) DATE: __________ BALANCE SHOWN BY TERMINAL (in cents): ______________ PAIR: ______________________ STOP DISTANCE (pips): ______________ 1. ACCOUNT FACTS Minimum lot on this account (from specification): ______ Lot step (smallest size change): ______ Pip value for 1.00 lot, in account currency units (cents if cent account): ______ (Standard account, EURUSD, usually 10.00 USD per pip per 1.00 lot; cent account: multiply by 100 for cents.) Pip value for the minimum lot: ______ 2. RISK BUDGET Risk per trade (percent of balance): ______ Risk budget in account units (balance x percent): ______ 3. CALCULATED LOT Calculated lot (L = risk budget / (stop pips x pip value for 1.00 lot)): ______ Calculated lot below minimum? [ ] yes [ ] no If yes, what the EA does: [ ] skips trade [ ] rounds up [ ] reduces stop [ ] other: ______ 4. ACTUAL RISK AFTER ROUNDING Lot actually placed: ______ Actual risk on a stop-out (stop pips x pip value for lot placed): ______ Actual risk as percent of balance: ______ Actual risk exceeds intended risk? [ ] yes [ ] no If yes, by how many times: ______ 5. WHAT A SINGLE LOSS DOES Loss on one full stop-out, as percent of balance: ______ Number of stop-outs that remove the whole balance: ______ Broker's negative-balance policy saved with date? [ ] yes 6. COSTS AS A SHARE OF BALANCE Average spread paid, in pips (from your fills): ______ Spread cost per trade at the placed lot (units): ______ Spread cost per trade as percent of balance: ______ Commission per trade as percent of balance (if any): ______ Monthly server bill as percent of balance: ______ Total cost per trade as percent of balance: ______ 7. TEST PURPOSE Cent account used for: [ ] mechanical checks only [ ] broker behaviour [ ] strategy result If strategy result: [ ] NOT suitable at this balance (minimum lot dominates risk) 8. DECISION Calculated lot at or above minimum for the intended stop? [ ] yes [ ] no Actual risk per trade within the intended budget? [ ] yes [ ] no EA sizing rule for below-minimum case written down and tested? [ ] yes Account type confirmed as permitted for this EA in the terms? [ ] yes Keep this worksheet with your EA settings, the broker's account specification and the negative-balance policy, all dated on the day you measured them. Brokers change their terms, so save a new copy when they do.