Micro Account Forex Brokers

  1. What is Micro Account Broker?
  2. Best Micro Account Brokers
  3. What is a Micro Account Forex?
  4. What is best leverage when trading a Micro Account?
  5. Micro Brokers List

What is Micro Account Broker?

Micro Accounts Brokers offer live trading through micro-lots equivalent to 1,000 units of the base currency or asset. This means, instead of trading a full unit trader can speculate on the Micro Lot with a lower price and initial smaller capital requirements which decreases the risks involved.

Micro Account is a popular choice among beginning traders who seek exposure to the real market but don’t want to risk a significant amount of investment, it allows them to access instruments that are highly capitalized so trading Micro lots allow trade them.

Micro Account is offered by brokers along with a Mini Account and a Standard Account. 

💰 SpreadSpreads are higher compared to Standard account. Average EUR USD 1-2
📈 LeverageYes
📉 PositionsSell and Buy
🏦 Contract sizeMicro Lot 0.01

Micro Account Platform

Trading Micro Account minimizes the risks associated with trading. Not every broker will have Micro Account available for trading through its platforms, so you need to check the broker you consider on the account availability. Also, read our research on Micro Account:

  • 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 a few brokers allowing access to minimal transaction volume.
  • Depending on 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.
  • Typically, micro accounts do not have a minimum deposit requirement, and, if they do, it is a nominal amount. Unlike standard accounts, where the minimum deposits range between $500 and $10,000.
Micro Account AdvantageMicro Account Disadvantage
Less Trading-Realted RisksLow Profits
Quick Account Opening with no Deposit RequirementsNot every Broker offers Micro Lot Trading
Good for Beginner Traders and Strategy Testers

Top 5 Micro Account Forex Brokers

Here we made a selection of Top Best Brokers for Micro Account trading chosen by our experts, while instruments may be different and based on the broker proposal, yet appearing among many Brokers’ portfolios.

  • HFM – Best Overall Micro Account Broker 2024
  • BlackBull Markets – Best Lowest Spread Micro Account Broker 2024
  • FP Markets – Best MT4 Micro Account Broker 2024
  • Eightcap – Best for Beginners Micro Account Broker 2024
  • BDSwiss – Best EA Trading Micro Account Broker 2024

What is a Micro lots?

Micro Account Forex offers trading with Micro lots instead of full lots or a contract, in reverse bringing the opportunity to trade with lower margin and investment. Also, you can see our article about the forex cent accounts.

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.

Is Micro Account same as Cent Account?

Micro and Cent Accounts seem negligible, but there is an essential difference – trading volume of the forex trading transaction. For a Cent Account, the trading volume is equal to 100 units of the base currency; while for a Micro Account, the volume is equal to 1,000 units.

Which Broker Will Trade Forex in United States Micro Accounts?

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

List of Brokers with Micro Trading Account

Here is our full list of Regulated Brokers we researched that either offer Mirco Accounts or allow Micro Trading, also providing the safest practices:

Broker Detail
Velocity Trade Logo Velocity Trade
Min. Deposit: $0
Max. Leverage: from 1:30 up to 1:500
Trading Platforms: MT4, PFSOFT
Regulation: ASIC, FCA, IIROC, FMA, BaFIN, FSCA
Velocity Trade Review
X Open Hub Review X Open Hub
Min. Deposit: $0
Max. Leverage: 1:30
Trading Platforms: MT4, XOH Traders
Regulation: FCA
X Open Hub Review
City Credit Capital Review City Credit Capital
Min. Deposit: $500
Max. Leverage: 1:30
Trading Platforms: MarketsTrader, MT4
Regulation: FCA
City Credit Capital Review
KVB Global
Min. Deposit: $0
Max. Leverage: 1:30 | 1:200
Trading Platforms: MT4, ForexStar, KVB EFX Platform
Regulation: ASIC, FSP, MSB
KVB Global Review
Hirose Financial Review Hirose Financial
Min. Deposit: $20
Max. Leverage: 1:30
Trading Platforms: MT4, LION Trader
Regulation: FCA
Hirose Financial Review
LMAX Exchange Review LMAX Exchange
Min. Deposit: $10,000
Max. Leverage: 1:30 | 1:500
Trading Platforms: LMAX Exchange Proprietary Platform, MT4/MT5 bridges
Regulation: FCA, CySEC, FSP
LMAX Exchange Review
Sucden Financial Review Logo Sucden Financial
Min. Deposit: No minimum deposit
Max. Leverage: 1:30 | 1:100
Trading Platforms: API Solutions, STAR, TT, CQG, Patsystems, smartTrade, Integral, Currenex
Regulation: FCA, NFA, SFC
Sucden Financial Review
Pacific Financial Derivatives
Min. Deposit: $0
Max. Leverage: 1:100 | 1:300
Trading Platforms: MT4
Regulation: FMA
Pacific Financial Derivatives Review
Global Market Index GMI Review GMI
Min. Deposit: US$25
Max. Leverage: 1:30 | 1:200
Trading Platforms: MT4, Alpine Trader, ClearPro, MTF, Currenex
Regulation: FCA, VFSC
GMI Review
Valutrades Review Valutrades
Min. Deposit: $50
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5
Regulation: FCA, FSAS
Valutrades Review