Broker for microlots

[Otto215]

Hi there

I'm quiet new to FX trading and first want to start with a micro account.
I did some research and came to this two brokers, one of them I want to give it a shot.

- OANDA
- FXCM micro lots

When you people can't give me really a good advice, I'll try by my own.
At both brokers I'll deposit some funds.

After that I'll ofcourse tell my experience..

Thanks in advance..!!

 

[jeffsmith]

Hello Otto,

Welcome to the world of forex trading. It is good that you are depositing some fund with Oanda and FXCM. Have you search about these brokers about their certification, registration work license etc. I had searched of Oanda their leverage is less compared to other brokers. You also told that you want to go for micro accounts have cleared your hands in trading. I mean to say do you know how to trade and use of trading tools. If you do not know, you can try the practice account of AVAFX, which is free of cost.

Happy trading

 

[VingTsunKuen]

Hey,Oto!Welcome to T2W forum!
May i suggest that you open demo account instead of live one.No mater how small your deposit would be i would say that smartest thing to do would be to save it for future.
Demo account is risk free and should be pretty same as live one.Only difference should be live/demo money.
If you do not have a clue what trading is about you WILL lose you money sooner or later.
So for your sake open demo whit broker of your choice,learn,learn and then learn a bit more.
Regards,
VTK

 

[adamsfx]

You can try Kerford Investments. They give tight spreads with MT4 platform and also mini accounts. Even I am trading with them and they are good.

 

[Mikhail Tegin]

If anyone's interested in minilot brokers, I'd mention liteforex, a branch of Straighthold Investment groop. They also have mini-accounts and as thay specialise in online trading, have many servoces to offer.
If any quations, please ask=)