Forex Mini Trading Differences

The Mini trading account uses the same state-of-the-art trading platform as the regular trading account. There is no additional software to download.

Account Size
The minimum amount that is required to open a Mini trading account is $25. Of course, due to the high leverage and the extremely volatile nature of the Forex market, the recommended minimum investment size is $500. Note: Leverage without proper risk management can lead to large losses as well as gains.

Trade Size
On the Mini trading platform all trades are executed in standard sizes of 10,000 base currency per one lot. There is no maximum trading volume on the Mini trading platform.

Pip/Tick Value
Profit and loss is easy to calculate when trading on the Mini platform. In the EUR/USD and many other currency pairs, a one pip (or tick) movement in the exchange rate is equal to a one-dollar gain or loss in the account value per lot (and approximately $1 in the 17 other currency pairs).

Margin Requirement
Up to 100:1 Leverage: Clients must have approximately 1% of the value of the positions they hold in their account for each lot of currency being traded. This equeates to $100 per lot (10,000 units. Leverage without proper risk management, this high degree of leverage can lead to large losses as well as gains. This equates to $50 per lot (10,000 units).

Guaranteed Limited Risk: There is also an important safety feature imbedded in this system that prevents clients from losing more money than they have in the account. Should the account equity -- meaning the total floating value of the account -- fall below the margin requirement of approximately 1% per lot, the dealing desk may close some or all positions.