Best Micro Forex Broker 2020

Starting trading forex while being under-capitalized wouldn’t be a clever solution.  Experienced forex traders believe ‘the more the better’ rule works here. But, even having this in mind, micro accounts’ importance cannot be underestimated, as they are much in demand among new forex traders. And even traders with enough starting capital pay a tribute to micro accounts. It makes it possible to open accounts with low starting capital, but at the same time to be able to diversify more and to use less leverage.  Micro accounts imply a super low bar of entry. At micro account trades can be opened in lots of 1/100 of a standard lot, that is, in 1,000 units of currency.

From a strategic point of view, micro accounts are helpful in testing various approaches to trading. For example, some techniques require simultaneous opening of dozens of market positions; with a micro account it is much easier to properly evaluate size and scale of the positions.

Generally, it is useful to open a micro account once you want to test a new trading platform, or trading tools, or money transaction speed with no risk to your capitals.

On Forex-Awards.com we invite you to meet a wide range of well-reputed and reliable Forex Micro Account Brokers. With us you can make an optimal choice of a Micro Forex broker and to try various trading formats offered by the company.

Most indicated strengths of the Best Micro Forex Broker 2020

Indicated strengths reflect the voting users preferences

Please indicate which nominee is currently a benchmark of the Forex Industry

XM

XM is a Forex subsidiary of Trading Point of Financial Instruments Ltd, a European Union regulated financial services provider, offering online currency trading services in the worldwide financial markets established in 2009. The broker provides...

Please indicate nominee's strong points

Best Micro Forex Broker 2020 — Previous Years Winners


Top 10 Forex Awards Nominations 2020

All Forex Awards Nominations

© 2010-2019 Forex-Awards.com


The usage of this website constitutes acceptance of the following legal information, Terms, Conditions, Cookies policies.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including graphical information about the forex companies, brokers and others, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Awards shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the press releases or reviews made by the site contributors about the forex companies. The entire responsibility for the contents rests with the contributors and commentators. Reprint of the materials is available only with the permission of the editorial staff.