Best Micro Forex Account Brokers
Top 5 Micro Account Brokers - Last update: 18th October, 2017 |
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|---|---|---|---|
| Rank | Broker Name | Trust Score | Reviews |
| 1 | XM | 99 / 100 | XM Reviews |
| 2 | InstaForex | 80 / 100 | InstaForex Reviews |
| 3 | LiteForex | 75 / 100 | LiteForex Reviews |
| 4 | FXGlobe | 88 / 100 | FXGlobe Reviews |
| 5 | HotForex | 94 / 100 | HotForex Reviews |
The above table contains the top ranked forex brokers in our database for opening a micro account.
What is a micro forex account?
A micro account is the smallest possible real money account that you can trade with.
Micro accounts generally require a deposit amount no more than $100 which means that a lot of people can comfortably get started trading with real money but without a lot of investment.
Micro accounts also allow users to trade "micro lots" which are a 1/100th on a standard lot (0.01), meaning that every movement in currency prices only reflects a small profit or loss. We have assessed the brokers in our database to score them in the following categories:
- Currency pairs - The number of currency pairs available to trade
- Minimum deposit - How much is required to open an account
- Spreads - How low the spreads are for major currency pairs compared to other accounts
