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Best Forex Brokers with Nano Lot Trading
- What is Nano Lot in Forex?
- Best Nano Account Brokers
- What is a Nano Lot in Forex?
- How Much is 1 Pip Nano Lot?
- List of Brokers with Nano Trading Account
What is Nano Lot Forex Platform?
The measurement of Trading size in Forex is known as a lot. While Nano lot is 100 units of a base currency. So flexibility to choose Trading size is good for diversification of strategies, also deciding on you trading exposure. Yet, Lot offering depends by the Broker trading conditions and instrument you choose so is reflected on the Trading Platform.
For Nano lot – one pip of a currency pair based in U.S. dollars is equal to just $0.01, see a comparison of Lot Sizes in Forex Explained:
- Standard Lot – $10 per pip
- Mini Lot – $1 per pip
- Micro Lot – $0.10 per pip
- Nano Lot – $0.0001 per pip
Nano lots offered in Trading Platform are an ideal choice for beginner traders or those using certain strategies, providing a low-risk way to hone their skills while having access to high-capitalization instruments.
| 💰 Spread | Spreads are lower compared to Standard accounts. |
| 📈 Leverage | Yes |
| 📉 Positions | Sell and Buy |
| 🏦 Contract size | 1/1000 of a standard lot |
What is Nano Lot Trading Broker?
Brokers and Platforms offering Nano lot are not so many, in fact, many brokers offering nano lot are offshore brokers which we do not recommend trading with. So, in order to decide on the right broker and the trading platform offered with nano lot trading make sure the broker is fully licensed and authorized by multiple regulators for better safety:
Here are some important notes about Nano Lot trading:
- Nano lot minimizes capital loss risks, thus it can come in handy, especially for beginner traders. So later, new traders can enhance their trading skills and gain access to more complicated instruments.
- In order to trade a nano lot, traders will need to buy or sell $100 however, some brokers can go even lower offering to trade $10 which is also based on the instrument you select for trading.
- However, traders should be cautious when looking for nano lot brokers since there are many unscrupulous brokers that offer nano lots.
- Nano lots are quite good for some strategies, also testing Robots or EAs, yet not so many instruments available for Nano lot trading so much more popular remains offering of Micro lots, available almost at any Broker proposal
| Nano Lot Advantges | Nano Lot Disadvantages |
|---|---|
| Low Risks | Low Investment Returns |
| Low Minimum Depost | Not All Assets are available |
| Good for some startegies | Not many Brokers support Nano lots |
| Suitable for Beginners |
Top 5 Best Nano Account Brokers
Here is a selection of Top Brokers with Nano Accounts. We have selected the best brokers with tight regulations and Nano Lot trading, even though so far the arent many brokers with that offering, also mainly available under its international branches:
- OANDA — Best Overall Nano Account Broker 2024
- XM — Best MT4 Nano Account Broker 2024
- IFC Markets — Lowest Nano Spread Gold Broker 2024
- FXOpen — Best Platform for Nano Trading Broker 2024
- FBS — Best Nano Forex Broker for Beginners 2024
What is a Nano Lot in Forex?
Nano Lot allows to trade smaller size, so instead of trading typicall 1 lot, brokers offer to trade Micro lot or even the smallest part Nano lot, allowing to get access to more expensive assets or get lower risk expansion while trading.
How Much is 1 pip Nano Lot?
For Nano lot trading one pip of a currency base is equal to $0.01.
Does MT4 allow Nano lots?
Yes, MT4 does allow trading Nano Lot. In fact, the availability of Nano lot Trading depends on the broker offering itself hence trading platforms are adjusted to the brokers conditions.
List of Brokers with Nano Trading Account
Here is a full list of Regulated Brokers we researched that either offer Nano Accounts or allow Nano Trading, by providing the safest practices:
| Broker | Detail | |
|---|---|---|
 Eightcap
|
Min. Deposit: 100 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5, TradingView Regulation: ASIC, SCB, CySEC, FCA |
1
|
 AvaTrade
|
Min. Deposit: $100 Max. Leverage: 1:30 | 1:400 Trading Platforms: MT4, MT5, WebTrader, AvatradeGO, AvaOptions, DupliTrade, ZuluTrade, AvaSocial, Capitalise.ai Regulation: Bank of Ireland, ASIC, JFSA, FSCA, CySEC, BVI FSC, FRSA, ISA |
2
|
 FXCC
|
Min. Deposit: No minimum deposit Max. Leverage: 1:30 | 1:500 Trading Platforms: MT4 Regulation: CySEC, SVG FSA |
3
|
 OANDA US
|
Min. Deposit: No minimum deposit Max. Leverage: 1:50 Trading Platforms: MT4, fxTrade Mobile, TradingView Regulation: NFA, CFTC |
4
|
 XM
|
Min. Deposit: US$5 Max. Leverage: 1:30 to 1:1000 Trading Platforms: MT4, MT5, XM WebTrader Regulation: CySEC, ASIC, FSC, DFSA |
5
|
 InstaForex
|
Min. Deposit: 0 $ Max. Leverage: 1:1000 Trading Platforms: MT4, MT5, InstaForex WebTrader, MobileTrader Regulation: FSC BVI |
InstaForex Review |
