Forex micro accounts

[Rufino Fiorentini]

Traders need a broker to trade in the forex market. Broker offer different types of account to trade. Every account had a different feature. So, traders should select accounts wisely. I recommend new traders should start trading with a micro account. It requires a low deposit to start and offers a minimum lot size. So, it best for new traders to minimize risk. My broker Eurotrader also provides a micro account with only $50.

 

[John Miller]

Using micro accounts will carry less risk for you. Earning six figures isn’t something impossible but proper implementation of money management policies is needed. Trade with the right trading broker and don’t take high risk in trading.

 

[Fin_Trader]

Yes, when you are still a newbie in trading, you do not have a proven and attractive trading strategy, there is always fear, uncertainty and worries, then it is better to start with a small micro-account and hone your skills and your strategy there. You will not lose a lot of money, but you will gain invaluable experience.