Best Micro Forex Account Brokers

Top 5 Micro Account Brokers - Last update: 28th June, 2017

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