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 usually chosen with the purpose of real trading environment without a significant amount of investment.

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 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 Brokers for Gold trading by category, while precious metals and Gold are appearing among many Brokers’ portfolios.

FXTM– Best Overall Mirco Forex Broker 2021
FBS – Lowest Spread Gold Broker 2021
Alpari – Best MT4 Mirco Account Broker 2021
XM – Best Mirco Account Broker for Beginners 2021
HotForex– Best Platform for Mirco Trading Broker 2021

What is a Micro Account Forex?

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.

Micro Account Brokers List

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: 1:30 \| 1:500 Trading Platforms: MT4, MT5, BDSwiss Webtrader and Mobile App Regulation: CySEC, FSC, FSA	1 BDSwiss Review
BlackBull Markets	Min. Deposit: 200 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5 Regulation: FMA, FSA	2 BlackBull Markets Review
FP Markets	Min. Deposit: 100 US$ Max. Leverage: 1:30 Trading Platforms: IRESS, MT4, MT5 Regulation: ASIC, CySEC	3 FP Markets Review
Pepperstone	Min. Deposit: 200 US$ Max. Leverage: 1:30 Trading Platforms: MT4, MT5, cTrader Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN	4 Pepperstone Review
HotForex	Min. Deposit: 5 US$ Max. Leverage: 1:30 \| 1:1000 Trading Platforms: MT4, MT5 Regulation: CySEC, FCA, DFSA, FSCA	5 HotForex Review
Axiory	Min. Deposit: 10 US$ Max. Leverage: 1:777 Trading Platforms: MT4, MT5, cTrader Regulation: IFSC	Axiory Review
Eightcap	Min. Deposit: 100 US$ Max. Leverage: 1:30 Trading Platforms: MT4, MT5 Regulation: ASIC	Eightcap Review
FXCC	Min. Deposit: No minimum deposit Max. Leverage: 1:30 \| 1:500 Trading Platforms: MT4 Regulation: CySEC, VFSC	FXCC Review
Capital.com	Min. Deposit: 20 US$ Max. Leverage: 1:30 Trading Platforms: MT4, Capital.com WebTrader and Mobile App Regulation: CySEC, FCA, ASIC, NBRB	Capital.com Review
Global GT	Min. Deposit: 5 US$ Max. Leverage: 1:1000 Trading Platforms: MT5, WebTrader Regulation: FSCA, SFSA	Global GT Review