Good broker for Micro accounts?

Broker Discussion Forex Brokers
1

Does anyone use and recommend a good broker for Micro Accounts? .10c a pip, or 1k lots.

I currently use ThinkOrSwim, and love them as a broker, however they don’t offer the smaller lot sizes, 10k is the minimum.

2

try interbankFX, they use MT4 which i think is the best platform for noobs.

3

Oanda is very popular with noob traders like myself, you can trade micro lots or even less, there charting platform isn’t the greatest, but i just use Mt4 for charts.

4

ditto for me:)

5

I personally use FXsol.

7

I like Alpari UK. They will give you unlimited time for demo and micro account and MT4. I have tried Oanda not bad, but for all round service and demo account Alpari UK for me.

Good trading.

[I]You will never never know if you never never go.[/I]

8

TrendFX has got Cent accounts, apart from micro and mini ones. You might try checking them out.

9

Hi Dazzler

I use Alpari as well & have been impressed with them, do you use any other brokers, Im looking fr other UK brokers with MT4 & micro account, Im using Alpari & Activtrades.

Cheers
Tony

10

I’m also looking for a good micro account broker … just want one who does honest executions & will let you withdraw money promptly. Any others, apart from Alpari?
Also can US based people easily open accounts in UK or Australia??

11

Now I have heard that FX Solutions and Interbank FX both offer micro accounts … anyone have experience with either one of those?

12

I found my solution … I just opened an account with EFX Group, a division of MB Trading which offers an account where you can trade as low as .1 mini lot, or $1k which is a micro lot. You can also trade mini lots & of course multiples of minis where 10 minis = 1 full lot. So in the same account you have wide flexibility over position size.

They are an ECN, a fee based broker and commissions are as low as 5 cents if you trade .1 lot (micro). I look forward to seeing if these ECN brokers are as good as so many say they are. My past experience with MB Trading with an equities account was a very positive one.

13

4xStar,

as far as I know, 0.1 lots are mini. If like you say, you are trading 1k lots, then it should be 0.01. Maybe a typo? twice?

cheers!

Rafa.

14

Yes, .1 lots are mini and .1 mini lots (as I typed below) are micros :smiley:

Cheers!

16

Thanks, in fact I opened an account with FX Sol 2 weeks ago after running into problems funding the MBTrading account (their funding options are still pretty pre-historic :D) and I like them a LOT. MUCH better than FXCM, the trading platform is way more sophisticated, faster, and so far I see no signs of my stops being taken out. Refreshing!

17

im with liteforex, micro/mini 10c pips , $1 min deposit, unregulated, MT4, no problems so far, the other option i was considering was fxopen, but lite has better spreads…

18

I trading at InstaForex, can trade micro lot. So far no hassle. 100 unit base currency is the minimum.

19

Stops being taken out? Thats about a scary thought! Thats like a total scam. Are there a lot of brokers that do this? If thats even a possibility, I’m not sure I want to get into forex.

20

yes i did good 10 days trading with them, $20 into $114, no problems with payout, very helpful company though not regulated.

21

I use interbankfx. So far so good. I like them a lot.

Jackie

22

I currently trying a few Demos of which one with ActivTrades. I can see they let you trade with Micro lots.

Do you have any other forex broker you may suggest to try which allow you trading in micro lots?

Thanks