FOREX MINI OR MICRO ACCOUNT
Some of our preferred Forex Brokers provides freedom of choice for you to open a mini account or a micro account, deposit account with the beginning and start a small lot. Example: a minimum deposit of USD $ 10 with a 0.01 start and the movement of the early lots of pips $ 0.01. With leverage 1:500, then you can do lots open 0.01 position with a margin “only” $ 0.2.
What advantage to open a Mini or Micro Account?
for those of you who are new to Online Forex Trading, its good for you open an account with a mini or micro account first. Thus you can learn in real Forex transaction without having to risk losing a substantial capital investment. When will you have really convinced of your ability to trade foreign exchange you may continue with the opening of accounts of non mini / micro account. But there is also a good idea if you still maintain a mini or micro account your account, although you will be able to invest with greater capital, because then the “value” of your capital will be greater. Example: if your $ 1,000 capital, the value of your account balance equal to $ 100,000. So you have more flexibility in Forex Online Trading.
What Weakness opened Mini or Micro Account?
Some of our preferred Forex Brokers, there are some rules of the capital limits for mini or micro account with 1:500 leverage, such as FXPRIMUS, IKOFX.
