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Forex brokers that offer mini & micro accounts




Below is the largest list of Forex brokers who offer mini and micro accounts under $1000 and mini lot size trading of 10 000 units or less.

Lot size reference:

1 lot = 100k = 100 000 units (standard lot)
0.1 lot = 10k = 10 000 units (mini lot)
0.01 lot = 1k = 1000 units (micro lot)
"any amount" = no limitation on position sizes

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Broker discussion area

trader

April 1, 2009

It would be nice to also have a list of which county residents are allowed to open live accts with a given broker. For example, the biggest issue I run into as a US resident is the laws with brokers offering CFDs in addition to Forex!


BrokerGuru

April 4, 2009

There are Law restrictions for US residents, who look to trade specifically CFDs.
If a broker opts to not allows certain clients apply for a Forex account, this would most likely be a different case. Either way, you've brought in a goof point.
I'll try to add such broker information in the nearest future. Thank you!

trader

April 9, 2009

U need to add a column stating how many different currencies can b traded. Some brokers only have like a dozen or two. What if i want to short nearly every currency in the 3rd world?? Looking for a broad based micro-forex account. thanks

trader

April 13, 2009

Any information for Account money withdrawal ? I mean, could I withdraw my money to a Paypal account, to my credit or debit card ? At least... wich is the most commonly used method for it ?

BrokerGuru

April 18, 2009

Forex brokers as a rule allow withdrawal either by wire transfer or by the same method/way which you have used to deposit money.

trader

May 8, 2009

Hi BrokerGuru,
Thanks a lot for your big effort!!! Size of your info very impressive, but I think that some time you need some help from us (traders, who used your info in the past) with update of info. For example, on Alpari UK deposits can be accepted by bank transfer as well as credit card. Also TADAWUL FX can accept trading account funding via Visa, Mastercard, Discover, American Express & Paypal not only wire transfer. They are my favourite broker. At the moment I have several accounts with 3 different brokers but thinking to close them and stay only with TADA .
I presume other traders can give you extra update as well ;~)


BrokerGuru

May 9, 2009

Awesome!

Thank you for the update!
I try to keep track of all recent changes, but with the size of the website and info, as you've said, it is challenging to keep up.
Thus I highly value everyone's help!

trader

May 26, 2009

Thank you for your site

trader

June 12, 2009

Real Trade Group

Please change "Account funding methods" to: Wire transfer, WebMoney VISA, MasterCard

Thanx.

trader

July 5, 2009

I have an update for You on Nordmarkets, They have Mini Trading with Fixed Spreads on MT4 Platform.
Once $ 10,000 is Reached in Your Account , You are Switched Automaticly to ECN with 13 Bank Liquidity. Although You can Start Out with ECN Account if You Deposit $2000....ECN Account Spreads are Variable.
Mini Accounts as well as ECN Accounts have No Requotes and No Slippage.
$ 500 Minimum for Mini up to 400:1 Leverage
$ 2000 Minimum for ECN up to 200:1 Leverage until $ 150,000 Account is Reached.
No Restrictions--Scalping-News Trading-Hedging..Trade inside the Spread with the ECN Account.
here are the Mini Account Fixed Spreads on the Major Pairs.
EUR/USD-1 PIPS
GBP/USD-3 PIPS
USD/JPY-2 PIPS
USD/CHF-3 PIPS
Lot Sizes are 1,000 or 10,000 Your Choice on Mini Account.
You can Trade 7 More Pairs as well as Gold & Silver on the Mini Account.
Your Choice of MT4 or FXDeskMini Platform.
The Reason i am updating You is they are Not Listed as having Mini Account and i am about to Open an Account with Them.
I will be Opening with $2000 and have the ECN Liquidity and Manager Plugin where i can have Sub Accounts Connected to My Main Account.
I Really Like what this Broker is Offering.
If Anyone has Any Experience with them ...Please let me know...Leave Comments on this Forum.

BrokerGuru

July 6, 2009

Very valuable update!
Thanks a lot! I'll list the company in all appropriate categories in few days.

I personally don't have any experience with this company. There are also very few reviews about NordMarkets on the net to make an opinion.
The trading conditions there look competitive, the broker is registered, transparent about company structure, regulation and address details. So just review MordMarkets General terms and conditions, ask any questions left and go with a minimum deposit for the account type you've chosen. If you're satisfied with actual trading conditions few weeks later add the remaining planned funds.

Good luck!
I'd love to hear your actual feedback later.

trader

July 13, 2009

Very good site. Please are these brokers genuie?



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