Opening an account is where your constants come from — Pakistan
A new account is usually treated as a login and a balance. For arithmetic it is something else: the moment six figures become knowable, each of which appears in a sum later. Copy them once, at the start, and no calculation afterwards has to be guessed at.
The six: the currency the account is kept in, the leverage figure attached to it, units in one lot for the symbol you intend to trade, the smallest size and the step above it, whether a commission applies and how it is quoted, and where the overnight lines for that symbol are listed. Five sit in specification and account-detail windows; one sits on the sign-up screen. None requires a deposit to read.
Where each figure is read, and what it feeds
| Constant | Screen it is on | The sum it enters |
|---|---|---|
| Account currency | Sign-up, then account details | Every printed total, and any conversion behind it |
| Leverage figure | Account details | Divisor of the reservation |
| Units in one lot | Symbol specification | The first multiplication of all |
| Smallest size and step | Symbol specification | Where a computed size gets rounded or refused |
| Commission, if any | The account type's own screen | A separate cost line, counted per side |
| Overnight lines | Symbol specification, buy and sell | The cost of holding past rollover |
Write them on one page. A sheet like that is what turns the five-line sequence from a demonstration into your own working document.
The registration itself, briefly
The practical part is short and is not arithmetic. Registration asks for an email address and a phone number, then identity verification requires a government-issued photo ID — passport, national ID or driver's licence — and proof of a residential address. Registration takes a few minutes; verification is usually approved within about 24 hours. You must be of legal age and a resident of an eligible country.
One detail does touch the sums: an account is kept in a base currency, and a payment sent in another currency is converted by the payment provider on the way in. What lands is the number your sheet starts from, not the number you sent. follows that figure once it arrives.
Two orders of doing this
- Constants first. Open a free demo, collect all six, run the reconciliation drills, then decide about funding. Nothing is sent and nothing is at stake while the sheet is being built.
- Account first. Register, verify, then collect the same six from the funded account. The figures are read from the same windows; the only difference is that a mistake now has a price.
Both orders end in the same place. The first one is cheaper by exactly the cost of every arithmetic error you make while learning where the windows are.
What the sheet does not contain
- The amount you should risk. That is a fact about your budget, and no screen states it.
- A stop distance. Measured per idea, on a chart.
- Anything about outcomes. Constants make figures predictable, not results.
- Permanent values. Account-level constants change if the account type or the symbol does — copy them again after either.
Which of the six is most often wrong in a beginner's sheet?
Units in one lot, borrowed from a currency pair and used on another instrument class.
Can all six be read before depositing?
Yes. A free demo opens the same specification and account-detail windows.
Does the account currency change my pip value?
It changes the currency the result prints in, and adds a conversion when the symbol settles in something else.
How long does verification take?
Registration is a few minutes; identity verification is usually approved within about 24 hours.
What documents are needed?
A government-issued photo ID and proof of a residential address, plus a valid email and phone number.
Where is the deposit floor stated?
On the chosen type's own sign-up screen, before any money moves. Several types start from $10.
Do I re-collect the constants after switching account type?
The account-level three, yes — currency, leverage and the cost line. The contract ones stay put.
Can an account be opened on this site?
No. This is an independent guide; registration happens on the broker's own site, where the buttons here lead.
Once the sheet is filled in
Use them
The division that turns an accepted loss into a size.
Know who publishes them
Contract, broker, market, you — four sources, one calculation.
Collect the six figures before any money exists.
A free demo shows the same windows on virtual money, with nothing to send and no time limit.
Open a free demo at Exness