Best Micro Forex Account Brokers
|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
Forex brokers who are listed on our website must be regulated with at least one regulatory body. Click here for a full list.