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Old 06-28-2008, 11:39 PM
pippinallover pippinallover is offline
Newbie
 

Join Date: Jun 2008
Posts: 11
Default Advice for brand new trader...

Hey guys, Started reading the baby pips school and its really informative and great. Just have a few questions about the different brokers and account types.

I have been hearing about "Cents Accounts" where the minimum initial deposit is ridiculously low such as $1, Is it possible to actually do anything meaningful with these types of accounts?

Also, A micro-account being the only kind I could really afford with the deposit being $1000, Would I be able to grow that amount to eventually open a mini-account for larger margins?


Thanks.
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