Hi guys
I’ve trading for a year now, lost some(most) gained some(very little). anyways i only got 1k to crash now and I dont want to trade like a dumbass anymore so i was wondering if anyone know how I could get a micro account. which broker should I use?
You can use the fxsolution as a broker as they can povide contract worth of $0.10 per pip and even lower $0.09 per pip for chf and jpy. Only that they have a large spread (12 pips) for certain pairs
Hope this will help GLGT
so can i buy a positionn worth only 1k? with $10?
yes you can buy 1k contract… the fxsolution also provide leverage until 400:1 so maybe if you decided want to use it you even can get less than $10 per 1k contract like for example the gbpusd the rate right now if you use the 400:1leverage it cost $4.96 per 1k contract
awsome thanks
Oanda offers micro accounts, well I wouldn’t call it a micro they just let you trade what ever you want. The only thing their leverage only goes up to 50:1, thats good though for a newbie. It kinda disciplines newbies without a lot of capital to not over leverage themselves. Most newbies over leverage and don’t use money management rules, thats why there probably is such a huge failure rate.
interbankfx has micro accounts but i think you still need $250 to open. The good thing is they are a mt4 platform so for me that is a bonus compared to other brokers.
Interbankfx offer micro accounts and uses MT4.