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 | |
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Min. Deposit: 100 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5, BDSwiss Webtrader and Mobile App Regulation: FSC, FSA |
1
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Min. Deposit: 100 US$ Max. Leverage: 1:30 Trading Platforms: IRESS, MT4, MT5 Regulation: ASIC, CySEC |
2
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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
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Min. Deposit: 5 US$ Max. Leverage: 1:30 | 1:1000 Trading Platforms: MT4, MT5 Regulation: CySEC, FCA, DFSA, FSCA, FSA |
4
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Min. Deposit: 10 US$ Max. Leverage: 1:777 Trading Platforms: MT4, MT5, cTrader Regulation: FSC, FSC |
5
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Min. Deposit: 1 USD Max. Leverage: 1:30 Trading Platforms: MT4, MT5, FBS trader, CopyTrade Regulation: CySEC, FSC, FSCA, ASIC |
FBS Review |
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Min. Deposit: 100 US$ Max. Leverage: 1:30 Trading Platforms: MT4, MT5 Regulation: ASIC, SCB |
Eightcap Review |
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Min. Deposit: 100 US$ Max. Leverage: 1:30 | 1:500 Trading Platforms: MT4, MT5, IRESS Regulation: ASIC, FMA |
TMGM Review |
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Min. Deposit: No minimum deposit Max. Leverage: 1:30 | 1:500 Trading Platforms: MT4 Regulation: CySEC, VFSC |
FXCC Review |
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Min. Deposit: 250 US$ Max. Leverage: 1:30 Trading Platforms: ActivTrader, MT4, MT5 Regulation: FCA, CBS |
ActivTrades Review |