Micro trading accounts

Micro accounts are based on the Market Maker execution.

FXOpen Forex Micro accounts are denominated in US cents. These accounts stand out for the minimal initial deposit ($1 only), small transaction size and low margin requirements. While requiring very little money, Micro forex accounts offer basically the same trading conditions as STP accounts. Forex Micro accounts can be useful for all types of trader from the novice looking to learn to seasoned professional looking for ways to test new strategies, indicators and expert advisors with minimal risk.

Contract specifications for Micro accounts

	Micro trading account
Account currency	USD
Minimum deposit	from $1
Maximum balance	without limitations
Spread	floating
Commission	No
Quotes format	0.12345
Execution	instant
Minimum transaction size	0.1 microlots
Maximum transaction size	$1 000 000
Minimal increment	0.01 microlots
Leverage	up to 1:500;
Margin call	20%
Stop Out	10%
Demo accounts	No
Islamic accounts	*Yes
Instruments	28 currency pairs + gold and silver;
Bonuses	Yes
Expert Advisors	Yes
Scalping	No
Hedging	Yes
News trading	No
Phone dealing	Yes
Market depth with level 2 quotes	No
Trading time	00:00 Mon – 22:59 Fri (FXOpen Server Time)
Inactive account maintenance fee	$10 per month
Inactive account re-activation fee	$50

• The balance for Micro Forex account in the Meta Trader is indicated in US Cents.
• Our spreads may be increased with news or other high/low volume conditions.
• *For overnight positions we charge an additional commission equal to the Swap rate of the particular currency pair.