Open the specification

  1. Open Market Watch in MT5.
  2. Right-click the exact symbol you intend to trade.
  3. Select Specification.
  4. Check the complete symbol name, including any suffix such as “+”, “.a” or “pro”.

Two symbols with similar names can use different contract sizes or volume limits, so selecting the exact instrument matters.

The fields that affect position size

MT5 fieldWhat it meansWhy it matters
DigitsDecimal places displayedDefines how platform points relate to price
Contract sizeUnits represented by 1.00 lotChanges the value of a price movement
Tick sizeSmallest allowed price changeDefines the movement represented by one tick
Tick valueCash value of one tickConnects price movement to profit or loss
Profit currencyCurrency in which P/L is calculatedMay require conversion to the account currency
Minimal volumeSmallest allowed lot sizeCan exceed a small risk budget
Volume stepAllowed increment between volumesControls how a raw result is rounded

Convert tick value into stop cost

If MT5 gives a tick value for one tick at 1.00 lot, first count how many ticks exist between entry and stop. Multiply that count by the losing tick value.

stop cost at 1.00 lot = number of ticks to stop × tick value

Then divide the target cash risk by that stop cost. This tick-based approach avoids disagreements about whether a displayed increment should be called a pip or a point.

Profit and loss tick values can differ

MT5 can expose separate tick values for a profitable and losing movement. Currency conversion and instrument calculation rules may make them slightly different. For risk sizing, the loss-side value is the conservative choice when it is available.

A useful support report

If LotSizely differs from your platform, send the symbol name, account currency, contract size, tick size, loss tick value, minimum volume and volume step. Those values are more useful than a screenshot of the final lot size alone.

Volume is not the same as margin

Position size controls exposure and stop-loss risk. Margin is the amount reserved to open that exposure and depends on leverage and broker rules. Higher leverage can reduce required margin, but it does not make each pip less valuable for the same volume.

Primary reference

MetaTrader's official Market Watch documentation lists the symbol properties set by the broker, including contract size, tick size, tick value and trading volume limits.

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