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Micro Account Forex Brokers

 

A standard contract size in forex is a lot – 100,000 currency units; however, more and more brokers are allowing traders the possibility to trade smaller contracts – most often mini lots of 10,000 units, or micro lots of 1,000 units (some brokerages even offer nano lot trading). These smaller contract sizes allow traders to be a lot more flexible in their trading, and diversify their trading portfolios by allocating smaller amounts of money to more currency pairs for example. 

 

Micro lot trading is particularly useful for beginners and for traders who would like to try out the services of a broker without risking too much money. Combined with a higher leverage, it requires traders to make a small initial deposit and test their skills or the broker with a limited risk. 

 

Below is a list of brokers that offer micro accounts. 

 

ECN micro accounts MT4 micro account Paypal micro accounts
Fixed spread micro accounts     
     

 

Forex

Micro Account Forex Brokers

Broker Country Regulation Platforms Min.deposit Review
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Cyprus, SVG CySEC MT5, Web,
cTrader
$100 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5, Iress $100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
Cyprus, UK CySEC, FCA MT4, MT5 $1 Review Website
Australia, UK ASIC, FCA MT4, MT5,
cTrader
$200 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website
UK FCA MT5 $5 Review Website

Related News

Alpari Russia introduces ECN accounts with improved trading terms

Aug 08 2014 12:15:43 in Brokers

Starting from 18 august 2014 Alpari Russia will offer a new improved line of ECN accounts. The changes allowing smaller lot size and unlimited number of open positions will help customers with relatively low balances to control their risk better.   A new pro.mt4 will replace ecn.mt4. Read more

Alpari Changes Micro Accounts Execution from Instant to Market

May 21 2014 03:33:14 Forexbrokerz.com in Brokers

Alpari UK, the leading UK forex broker, has announced that it is going to change the execution type on Live Micro accounts from instant execution to market execution on Sunday 1 June 2014. All open positions will be unaffected - Alpari clients do not need to take any action. Read more

Registration is Open for FBS Pro Forex Contest

Apr 09 2014 11:58:45 Forexbrokerz.com in Brokers

FBS, the Forex broker famous for giving its clients plenty of opportunities to test their trading skills, has just opened the registration process for the latest contest of the FBS Pro series. Although the contest is done with virtual funds, you stand to win some nice real cash prizes. Read more

NordFX Axes Spreads on Micro, Welcome Forex Accounts

Oct 08 2013 06:59:33 Forexbrokerz.com in Brokers

NordFX, the Forex broker offering its services from Mauritius, has announced cuts in the spreads on some currency pairs, with the change to affect owners of Micro and Welcome accounts with the company. Read more

FXCM Shuts Down FXCM Micro

Apr 11 2013 13:35:34 Forexbrokerz.com in Brokers

Earlier today I was browsing the internet looking for funny cat videos but instead I came across a curious fact: FXCM, one of the leaders in the forex industry, is closing down its FXCM Micro service. Read more

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