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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

July 9, 2010

could you have review for SwissDealing ; www.swissdealing.com.

BrokerGuru

July 12, 2010

SwissDealing is not exactly a broker, they claim it so themselves in response to the question of "Why aren't they applying for a Swiss banking license, which is required for all brokers operatiing in Switzerland".

SwissDealing doesn't accept normal account deposits. They allow only transfers of funds in order to cover trader's negative balance.

In other words, we can't list them here, and we don't have any reviews or experience with SwissDealing to be able to share. I'm sorry.

trader

August 10, 2010

which broker is better ? safe ? secure ? guaranteed ?

trader

August 13, 2010

Dukascopy, for example.

trader

September 13, 2010

go markets offer a L plate account which trades lots which are one tenth the value of the standard account .The maximum lot size you can trade is 1 micro lotwhich equates to 1 dollar per pip,but you can open more than one of these trades at that size,so if you wanted to trade 2 micro lots you have to open 2 trades ,each 1micro lot in size.Dont try and use an ea that uses martingale because if you start with .01 micro lots and it keeps doubling the position when you get to the the 8 th double up the next wont doublecoz 1micro lot is the max so the ea will start to open trades of 1 micro lot for each new martingale level,instead of doubling up .Abit of a digression,but i m looking for a broker who offer micro lots with no limits on the number of lots open


BrokerGuru

September 14, 2010

We're still working on the listing for "lot limits". I'm sorry for the absence of the complete information at this stage.
(As a rule, mini and micro accounts have certain lot limits, which sometimes aren't announced/published by Forex brokers).


trader

September 27, 2010

great site. Thanks. I have a MAC computer and I need micro or mini account. What company supports both? Thanks


BrokerGuru

September 27, 2010

There are 3 ways to approach it:

- Go with a broker that offers a web based platform (Java).
(Use our brokers search to find matching brokers: check the box for mini accounts and web based platforms).

- Install virtualization software that will allow you to run Windows on MAC: Parallels or VMware Fusion.
This way you'll be able to use any trading platform.

- Use paid third party Win - MAC crossover services. (Example: http://www.codeweavers.com/products/cxmac/download_trial/).
You can find more about this topic here: http://www.forexfactory.com/showthread.php?t=13051


trader

November 18, 2010

Hello, http://brocompany.in

now offers 0.6 pip spread fixed (0.1 pip spread and 0.5 pip commission, total 0.6 pip spread) for eurusd and usdjpy. Minimum lot size ia 0.01 lot and for eurjpy 2 pip spread.

This Spread is only for mini account with deposits between 25$ to 500$ .

for classic account it is 2 pip minimum again.

trader

November 26, 2010

You can add here ForexCent.com
with 1$ minimum. lot from 0.01 to 10.0 and leverage 1:500

trader

November 28, 2010

has any one traded with ETORO I have seen their site are they regulated?

BrokerGuru

November 29, 2010

Thank you, ForexCent has been added.

eToro is an introducing broker for RetailFX, IC Markets (in Asia Pacific), FX Solutions (in US).
Those brokers are regulated by appropriate institutions in their countries:
http://www.etoro.com/trade/etoro-and-brokers.aspx

eToroUSA is regulated by NFA and CFTC,
while eToro, which is in Cyprus is not regulated.
In Cyprus they do business via RetailFX, who are registeres with CySEC.



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