Best Forex Brokers with Nano Lot Trading

  1. What is Nano Lot in Forex?
  2. Best Nano Account Brokers
  3. What is a Nano Lot in Forex?
  4. How Much is 1 Pip Nano Lot?
  5. 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.

💰 SpreadSpreads are lower compared to Standard accounts.
📈 LeverageYes
📉 PositionsSell and Buy
🏦 Contract size1/1000 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 AdvantgesNano Lot Disadvantages
Low RisksLow Investment Returns
Low Minimum DepostNot All Assets are available
Good for some startegiesNot 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
Interactive Brokers (IB) Review Interactive Brokers
Min. Deposit: 100 US$
Max. Leverage: 1:40
Trading Platforms: TWS, IB WebTrader
Regulation: US SEC & CFTC, ASIC, FCA, IIROC, SFC, NSE, BSE, FSA
Interactive Brokers Review
LegacyFX
Min. Deposit: 500 US$
Max. Leverage: 1:30 | 1:200
Trading Platforms: MT5
Regulation: CySEC, FCA, BaFin, VFSC, NBRB
LegacyFX Review
Tradeview
Min. Deposit: 1000 US$
Max. Leverage: 1:30 to 1:400
Trading Platforms: MT4, MT5
Regulation: MFSA, CIMA, FSC, FSA
Tradeview Review
IG Markets review IG
Min. Deposit: $0
Max. Leverage: 1:30
Trading Platforms: MT4, IG Proprietary
Regulation: FCA, ASIC, BaFin, FINMA, NFA, MAS, DFSA, FSCA, JFSA, FMA, BMA
IG Review
ActivTrader Broker review ActivTrades
Min. Deposit: 500 US$
Max. Leverage: 1:30
Trading Platforms: ActivTrader, MT4, MT5
Regulation: FCA, SCB
ActivTrades Review
OANDA vs Forex.com OANDA
Min. Deposit: no minimum deposit
Max. Leverage: 50:1
Trading Platforms: Oanda trade, MT4, MT5
Regulation: CFTC, NFA, FCA, MAS, ASIC, IIROC, FFAJ
OANDA Review
FXCM review FXCM
Min. Deposit: US$50 | 300 GBP
Max. Leverage: 1:200 | 1:30
Trading Platforms: MT4, Trading Station, ZuluTrade, TradingView, Ninja Trader, Capitalise AI
Regulation: ASIC, FCA, FSCA
FXCM Review
City Index Broker review City Index
Min. Deposit: US$0
Max. Leverage: 1:30
Trading Platforms: Advantage Web, AT Pro, MT4
Regulation: FCA, NFA, CFTC, IIROC, ASIC, JFSA, MAS, CIMA
City Index Review
easyMarkets
Min. Deposit: $100
Max. Leverage: 1:30 | 1:200
Trading Platforms: MT4, WebTrader, Mobile App
Regulation: ASIC, CySEC, FSC
easyMarkets Review
OvalX
Min. Deposit: 100 GBP
Max. Leverage: 30:1
Trading Platforms: TraderPro, MT4
Regulation: FCA
OvalX Review