Micro Account
Enjoy trading with the Starfinex Micro Account – a conventional trading account except when it comes to the balance, that is only shown in cents. Begin trading the markets with a minimum deposit of ten dollars, and it will appear in your account as 1000 cents.
Micro Account With Starfinex
Trading the Forex markets with a micro account is the best choice for traders on a tight budget with little to no experience. This type of account might is a good option for investors who have lost their confidence or simply need to try out a new strategy although setting up a demo account is a viable alternative in the second case. Designed for traders new to the Forex market and those trading smaller volumes, the Starfinex Micro account allows investors to trade smaller trade sizes and open an account with a lower initial deposit than a Classic account all from the powerful MetaTrader 5 platform.
Trading the Forex markets with a micro account is the best solution for traders with next to no experience on a tight budget. This form of account may be a successful choice for investors who have lost their trust or wish to test out a different approach, although setting up a demo account is a feasible solution in the second example.
The Starfinex Micro account, built for traders fresh to the Forex sector and those dealing in limited quantities, enables customers to deal in smaller trading sizes and open an account with a lower initial deposit than a Classic account from the popular MetaTrader 5 platform.
Account Type | Micro |
---|---|
Trading Platforms | MT5, WebTrader, Mobile Trading |
Spreads Pips | From 3 pip |
Trading Instruments | Forex, CFD, Indices, Metals and Energy |
Minimum Deposit | $5 |
Minimum trade size (Lots) | 0.01 Lot |
Fifth Decimal | ✓ |
Maximum Leverage* | 1:500 |
Execution | Market Execution |
Trade size increment | 0.01 |
Maximum Total Trade Size (Lots) | 20 Standard lots |
Max Simultaneous Open Orders | 150 |
Margin Call / Stop Out Level | 200% / 30% |
Personal Account Manager | x |
Telephone Trading | x |
Account Currency | USD |
Commission for forex pairs | No |
Raw Bonus | No |
Open an Micro Account with us today!
Who can open Micro Account?
To novice traders who do need to know both the ins and outs of forex markets, the micro account is a feasible option. It is worth noting that when one trades with less capital, the volatility decreases significantly. Market volatility in micro-lots has a significantly lower effect on profitability and losses for a trader.
In certain situations, some investors who enforce the automated trade method also prefer to use micro-accounts. They leverage the 1,000-unit lots to measure and strengthen their algorithmic investment strategies under actual-market conditions. It helps them to reach greater productivity at considerably lower risk costs.