Does Alpari offer micro account?

Yes, Alpari does offer a micro account in trading. It is called a Nano account. It is denominated in cents, is testing out your strategies in the real world with minimal risk.

Does FXTM offer micro account?

Yes, FXTM does offer micro account in trading. It is called the cent account. With a minimum deposit of only USD 10, FXTM cent account provides quick and easy access to the markets and live trading

Does FP Markets offer micro account?

No, FP Markets does not offer micro account in trading.

Does XM offer micro account?

Yes, XM does offer micro account in trading. With a minimum deposit of only USD 5, our Micro Account provides quick and easy access to the markets and live trading

Micro Account Forex Brokers

Q: What is micro account in forex trading?

Micro Accounts that are offered by various brokers allows live trading made up of contracts or on Forex markets, while the trading process itself is performed through micro lots equivalent to 1,000 units of the base currency or asset. Which means instead of trading a full unit, the trader gets an opportunity to speculate on the price through the initial low balance and small capital requirements which decreases dramatically the risks involved.

Micro Accounts that are offered by various brokers allows live trading made up of contracts or on Forex markets, while the trading process itself performed through micro lots equivalent to 1,000 units of the base currency or asset.

Which means instead of trading a full unit, the trader gets an opportunity to speculate on the price through the initial low balance and small capital requirements which decreases dramatically the risks involved.

According to the allowed and offered leverage by a particular broker and his regulatory restrictions, the trader still achieves a quite good bunch of trading opportunities or options, and even run long-term positions.
Another potential of the micro accounts are technological trading practices, as 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.
Recently among the leading regulated brokers that offer setting trading with Micro Accounts and the minimum deposits from only 1$, along with the numerous possible advantages bringing an exciting opportunity to access minimal transaction volume, yet engage into the real trading.

Micro Account is a popular choice among the beginning traders and usually chosen with the purpose to engage into the real trading environment without a significant amount of investment.

Nevertheless, the micro accounts under very high levels of leverage might be very tricky, thus you should choose carefully the broker you deal with and choose among reputed regulated brokers. As the unscrupulous, non-regulated or offshore brokers may easily manipulate trades and blow accounts even with an attractive offering, as they are overseen by none of the authorities.

Broker	Detail
FXTM	Min. Deposit: US$200 Max. Leverage: 1:30 \| 1:200 Trading Platforms: MT4, MT5, FTXM Trader Regulation: CySEC,FCA, FSCA	1 FXTM Review
GO Markets	Min. Deposit: 200 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5, WebTrader Regulation: ASIC, CySEC	2 GO Markets Review
FP Markets	Min. Deposit: 100 US$ Max. Leverage: 1:500 Trading Platforms: IRESS, MT4, MT5 Regulation: ASIC, CySEC	3 FP Markets Review
Pepperstone	Min. Deposit: 200 US$ Max. Leverage: 1:30 \| 1:500 Trading Platforms: MT4, MT5, cTrader Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN	4 Pepperstone Review
BDSwiss	Min. Deposit: 100 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5, BDSwiss Webtrader and Mobile App Regulation: ESMA, CySEC, FSC, NFA, FSA	5 BDSwiss Review
Axiory	Min. Deposit: 50 US$ Max. Leverage: 1:777 Trading Platforms: MT4, cTrader Regulation: IFSC	Axiory Review
HotForex	Min. Deposit: 5 US$ Max. Leverage: 1:30 \| 1:1000 Trading Platforms: MT4, MT5 Regulation: CySEC, FCA, DFSA, FSCA	HotForex Review
Eightcap	Min. Deposit: 100 US$ Max. Leverage: 1:30 Trading Platforms: MT4, MT5 Regulation: ASIC	Eightcap Review
BlackBull Markets	Min. Deposit: 200 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5 Regulation: FMA, FSA	BlackBull Markets Review
City Index	Min. Deposit: 100 GBP Max. Leverage: 1:30 Trading Platforms: Advantage Web, AT Pro, MT4 Regulation: FCA	City Index Review