MINI ACCOUNT FOREX BROKERS
Minimum Deposit
Min 1-2000 Max
Leverage
Min 1-2000 Max
Established On
Min 1900-2022 Max
A forex mini account is a foreign exchange (FX) account which allows beginner traders to enter the currency market using smaller size (mini lot) positions and trading quantities, thus lowering the funds at risk and limiting potential losses.
Forex trading accounts are often offered in three sizes: standard; mini; and macro. The mini account allows traders to enter into contract sizes of 10,000 base currency units rather than the 100,000 units of a standard lot. Likewise, the percentage in point (pip) movement cost or reward is smaller, at $1 instead of the standard $10 per tick. Some platforms now offer even smaller, micro lot forex trading at 1,000 lot sizes and nano lots of just 100 units.
