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.

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

What are Micro Account Brokers?
Best Micro Account Brokers
What is a Micro Account Forex?
What is best leverage when trading a Micro Account?
Micro Brokers List

What are Micro Account Brokers?

Micro Accounts Brokers are companies that offer live trading through micro-lots equivalent to 1,000 units of the base currency or asset.

Means, instead of trading a full unit, the trader gets an opportunity to speculate on the price through the initial lower balance and smaller capital requirements which decreases the risks involved. Micro Account is a popular choice among the beginning traders and is usually chosen with the purpose of real trading environment without a significant amount of investment, also allowing access instruments that are highly capitalized so trading Micro lots allowing trade them.

Micro Accounts are widely used for technological trading practices, traders who would like to test algorithms, robots or strategies are in need to trade within the real environment, however limiting potential losses.
Recently among the leading forex regulated brokers that offer trading with Micro Accounts and the minimum deposits from only 1$ are not so many, there are only few allowing access to minimal transaction volume.
Depending to the allowed and offered leverage by a particular broker and regulatory restrictions, the trader may achieve various trading opportunities via Micro Accounts or Micro Lot trading, however choose carefully the broker you deal with and select among reputed regulated brokers for money safety and true Micro Lot trading.

💰 Spread	Spreads are higher compared to Standard account. Average EUR USD 1-2
📈 Leverage	Yes
📉 Positions	Sell and Buy
🏦 Contract size	Micro Lot 0.01

Best Micro Account Forex Brokers

Here we made a selection of Top Best Brokers for Micro Account trading by category, while precious metals and Gold are appearing among many Brokers’ portfolios.

BDSwiss – Best Overall Mirco Forex Broker 2022
BlackBull Markets – Lowest Spread Gold Broker 2022
FP Markets – Best MT4 Mirco Account Broker 2022
Pepperstone – Best Mirco Account Broker for Beginners 2022
HFM– Best Platform for Mirco Trading Broker 2022

What is a Micro lots Forex Broker?

Micro Account Forex offers trading with Micro lots instead of full lot or a contract, in reverse bringing opportunity to trade with lower margin and investment.

What is best leverage when trading a Micro Account?

Leverage levels are restricted by the regulations, if you trade from Europe the maximum 1:30 is allowed for Currency pairs also considered as the best ratio for Micro Account.

Which Broker Will Trade Forex in United States Micro Accounts?

Most Brokers in US allow micro trading and do not require a separate account, check IG or InteractiveBrokers.

Brokers List of Brokers with Micro Trading Account

Here is full list of Regulated Brokers with Mirco Accounts providing safest practices and are potentially secured by reputable authorities.

Broker	Detail
BDSwiss	Min. Deposit: 100 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5, BDSwiss Webtrader and Mobile App Regulation: FSC, FSA	1 BDSwiss Review
FP Markets	Min. Deposit: 100 US$ Max. Leverage: 1:30 Trading Platforms: IRESS, MT4, MT5 Regulation: ASIC, CySEC	2 FP Markets Review
Pepperstone	Min. Deposit: 200 US$ Max. Leverage: 1:30 to 1:400 Trading Platforms: MT4, MT5, cTrader, TradingView Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN	3 Pepperstone Review
HFM	Min. Deposit: 5 US$ Max. Leverage: 1:30 \| 1:1000 Trading Platforms: MT4, MT5 Regulation: CySEC, FCA, DFSA, FSCA, FSA	4 HFM Review
Axiory	Min. Deposit: 10 US$ Max. Leverage: 1:777 Trading Platforms: MT4, MT5, cTrader Regulation: FSC, FSC	5 Axiory Review
FBS	Min. Deposit: 1 USD Max. Leverage: 1:30 Trading Platforms: MT4, MT5, FBS trader, CopyTrade Regulation: CySEC, FSC, FSCA, ASIC	FBS Review
Eightcap	Min. Deposit: 100 US$ Max. Leverage: 1:30 Trading Platforms: MT4, MT5 Regulation: ASIC, SCB	Eightcap Review
TMGM	Min. Deposit: 100 US$ Max. Leverage: 1:30 \| 1:500 Trading Platforms: MT4, MT5, IRESS Regulation: ASIC, FMA	TMGM Review
FXCC	Min. Deposit: No minimum deposit Max. Leverage: 1:30 \| 1:500 Trading Platforms: MT4 Regulation: CySEC, VFSC	FXCC Review
ActivTrades	Min. Deposit: 250 US$ Max. Leverage: 1:30 Trading Platforms: ActivTrader, MT4, MT5 Regulation: FCA, CBS	ActivTrades Review