Micro Account Forex Brokers

Micro Accounts that are offered by various brokers, allows live trading with Forex trade made up of contracts, while micro lots are equivalent to 1,000 units of the base currency. According to the offered leverage, the trader still achieves a quite high level of opportunities or options to trade, even to run long-term positions. This type of account is a popular choice among the beginning traders and usually chosen with the purpose to engage into the real trading environment without significant amount investment. Advantages of the brokers that allows trading by micro accounts bringing an opportunity to access minimal transaction volume, yet through the real trading. Another potential of the micro accounts are technological trading practices, the traders who would like to test their algorithms, robots or strategies are in need to trade within the real environment, however while limiting potential losses. The list of companies which offering Micro Accounts will help to choose among the leading brokers that allow setting live trading with the minimum deposits from 1$.

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