- What is Micro Account Broker?
- Best Micro Account Brokers
- What is a Micro Account Forex?
- What is best leverage when trading a Micro Account?
- Micro Brokers List
What is Micro Account Broker?
Micro Accounts Brokers offer live trading through micro-lots equivalent to 1,000 units of the base currency or asset. This means, instead of trading a full unit trader can speculate on the Micro Lot with a lower price and initial smaller capital requirements which decreases the risks involved.
Micro Account is a popular choice among beginning traders who seek exposure to the real market but don’t want to risk a significant amount of investment, it allows them to access instruments that are highly capitalized so trading Micro lots allow trade them.
Micro Account is offered by brokers along with a Mini Account and a Standard Account.
 Spread |
Spreads are higher compared to Standard account. Average EUR USD 1-2 |
 Leverage |
Yes |
 Positions |
Sell and Buy |
 Contract size |
Micro Lot 0.01 |
Micro Account Platform
Trading Micro Account minimizes the risks associated with trading. Not every broker will have Micro Account available for trading through its platforms, so you need to check the broker you consider on the account availability. Also, read our research on Micro Account:
- Micro Accounts are widely used for technological trading practices, traders who would like to test algorithms, robots, or strategies are in need to trade within the real environment, however limiting potential losses.
- Recently among the leading forex-regulated brokers that offer trading with Micro Accounts and the minimum deposits from only $1 are not so many, there are only a few brokers allowing access to minimal transaction volume.
- Depending on the allowed and offered leverage by a particular broker and regulatory restrictions, the trader may achieve various trading opportunities via Micro Accounts or Micro Lot trading, however, choose carefully the broker you deal with and select among reputed regulated brokers for money safety and true Micro Lot trading.
- Typically, micro accounts do not have a minimum deposit requirement, and, if they do, it is a nominal amount. Unlike standard accounts, where the minimum deposits range between $500 and $10,000.
| Micro Account Advantage | Micro Account Disadvantage |
|---|---|
| Less Trading-Realted Risks | Low Profits |
| Quick Account Opening with no Deposit Requirements | Not every Broker offers Micro Lot Trading |
| Good for Beginner Traders and Strategy Testers | |
Top 5 Micro Account Forex Brokers
Here we made a selection of Top Best Brokers for Micro Account trading chosen by our experts, while instruments may be different and based on the broker proposal, yet appearing among many Brokers’ portfolios.
- HFM – Best Overall Micro Account Broker 2022
- BlackBull Markets – Best Lowest Spread Micro Account Broker 2022
- FP Markets – Best MT4 Micro Account Broker 2022
- Pepperstone – Best for Beginners Micro Account Broker 2022
- BDSwiss – Best EA Trading Micro Account Broker 2022
What is a Micro lots?
Micro Account Forex offers trading with Micro lots instead of full lots or a contract, in reverse bringing the opportunity to trade with lower margin and investment. Also, you can see our article about the forex cent accounts.
What is best leverage when trading a Micro Account?
Leverage levels are restricted by the regulations, if you trade from Europe the maximum 1:30 is allowed for Currency pairs also considered as the best ratio for Micro Account.
Is Micro Account same as Cent Account?
Micro and Cent Accounts seem negligible, but there is an essential difference – trading volume of the forex trading transaction. For a Cent Account, the trading volume is equal to 100 units of the base currency; while for a Micro Account, the volume is equal to 1,000 units.
Which Broker Will Trade Forex in United States Micro Accounts?
Most Brokers in the US allow micro-trading and do not require a separate account, check IG or Interactive Brokers.
List of Brokers with Micro Trading Account
Here is our full list of Regulated Brokers we researched that either offer Mirco Accounts or allow Micro Trading, also providing the safest practices:
| Broker | Detail | |
|---|---|---|
 HFM |
Min. Deposit: 5 US$
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation: CySEC, FCA, DFSA, FSCA, FSA, CMA
|
1
|
 BlackBull Markets |
Min. Deposit: 0 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
Regulation: FMA, FSA
|
2
|
 FP Markets |
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: IRESS, MT4, MT5
Regulation: ASIC, CySEC, St. Vincent and the Grenadines, FSP
|
3
|
 Pepperstone |
Min. Deposit: 200 US$
Max. Leverage: 1:30 to 1:400
Trading Platforms: MT4, MT5, cTrader, TradingView
Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN
|
4
|
 BDSwiss |
Min. Deposit: 100 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5, BDSwiss Webtrader and App
Regulation: FSC, FSA
|
5
|
 Mitrade |
Min. Deposit: No minimum deposit
Max. Leverage: 1:30 | 1:200
Trading Platforms: Mitrade Trading Platform
Regulation: ASIC, CIMA, FSC
|
Mitrade Review |
 FXChoice |
Min. Deposit: $100
Max. Leverage: 1:200
Trading Platforms: MT4, MT5
Regulation: FSC
|
FXChoice Review |
 FBS |
Min. Deposit: 1 USD
Max. Leverage: 1:3000
Trading Platforms: MT4, MT5, FBS trader
Regulation: CySEC, FSC, FSCA, ASIC
|
FBS Review |
 Globex360 |
Min. Deposit: $25
Max. Leverage: 1:100 | 1:500
Trading Platforms: MT4
Regulation: FSCA
|
Globex360 Review |
 Fusion Markets |
Min. Deposit: No minimum deposit
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, DupliTrade, Fusion+, Myfxbook AutoTrade
Regulation: ASIC, FSA, VFSC
|
Fusion Markets Review |
