Micro trading account

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 $3000*
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 fees maintenance - $10 per month;
reactivation - $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.
  • *Once the balance of a Micro account exceeds $3000, the leverage will be decreased 100x (for example: from 1:500 down to 1:5).
  • **For overnight positions we charge an additional commission equal to the Swap rate of the particular currency pair.