Best Micro Accounts
Compare micro accounts from popular Forex brokers. Trade Forex for the first time from a low $5 deposit or practice new strategies with a low risk account.
Best brokers
- FxPro
Best MetaTrader Broker 2020
- JustForex
Best Broker Asia 2022 - UF Awards
- Capital.com
Best Online Trading Platform 2020
- AvaTrade
Best Mobile Trading Platform 2021
- LiteFinance
Best Forex Broker Africa 2011
Broker reviews
FxPro (FxPro.com) is a global broker, winner of 95+ awards including "Best MetaTrader Broker" in 2020. Trade 250+ instruments across a wide range of asset classes on MT4/5 or cTrader. FxPro accepts all trading styles without restrictions.
- Risk warning: 84.72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs and Spread Betting work and whether you can afford to take the high risk of losing your money.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, cTrader, Copy trading
- Regulators: Bahamas, Cyprus (EU), South Africa, UK
$500 | 1:200 | Instant |
$500 | 1:200 | Market |
$500 | 1:200 | Market |
$500 | 1:200 | Market |
$50000 | 1:200 | Market |
JustForex is an offshore broker that allows you to trade over 170 instruments on low spreads, and high leverage up to 3,000 times your initial deposits. It accepts all trading styles on MetaTrader 4 and 5.
- Risk warning: Margin trading in the financial markets is speculative and implies a high level of risk, including full loss of deposit.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Copy trading
- Regulators: Seychelles
$1 | 1:3000 | Market |
$100 | 1:3000 | Market |
$100 | 1:3000 | Market |
Capital.com is an international award-winning platform trusted by over 70,000 active traders. Trade CFDs on thousands of instruments across FX, crypto, stocks, indices and commodities. Capital.com supports the MetaTrader 4 platform, amongst others.
- Risk warning: CFD trading is a risky activity and can bring not only profit but also losses. The size of the potential loss is limited to the size of the deposit. Past profits do not guarantee future profits.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4
- Regulators: Australia, Belarus, Cyprus (EU), Saint Vincent and the Grenadines, Seychelles, UK
$20 | 1:100 | Instant |
$20 | 1:100 | Instant |
AvaTrade (AvaTrade.com) is an award-winning online broker. Trade CFDs on Forex, crypto-currencies, shares, metals and more on MetaTrader 4 or 5. AvaTrade accepts all Expert Advisors except those with a focus on arbitrage.
- Risk warning: 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD), Bonds (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Copy trading
- Regulators: Australia, BVI, Cyprus (EU), Gibraltar, Israel, Japan, South Africa, UAE
$100 | 1:400 | Instant |
$100 | 1:30 | Instant |
$100 | 1:400 | Instant |
$100 | 1:30 | Instant |
$100 | 1:400 | Instant |
LiteFinance (LiteFinance.com), formerly LiteForex, is a global ECN broker. Trade CFDs on a wide range of markets on Metatrader 4 or 5, with flexible leverage up to 1:1,000. LiteFinance accepts all EAs and trading styles, including scalping and news trading.
- Risk warning: 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Copy trading, Mirror trading
- Regulators: Cyprus (EU), Saint Vincent and the Grenadines
$50 | 1:1000 | Market |
$50 | 1:500 | Market |
HotForex (HotForex.com) is an award-winning Forex and CFD broker, with accounts tailored to new and experienced traders. Trade a wide range of markets including Forex, stocks, indices and commodities through MetaTrader 4 or 5.
- Markets: Forex (CFD), Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD), Bonds (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Currenex, Copy trading, Mirror trading
- Regulators: Cyprus (EU), Mauritius, Saint Vincent and the Grenadines, Seychelles, South Africa
$5 | 1:1000 | Market |
$100 | 1:500 | Market |
$100 | 1:500 | Market |
Start trading in minutes, without ID verification, when you fund your account with crypto. Easily buy crypto through its platform if you have none. PrimeXBT.com's trading platform was voted "Best Platform for Trading with Leverage" in 2020 and "Best Crypto and Forex Broker" in 2019.
- Markets: Forex (CFD), Cryptos (CFD)*, Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: Copy trading, Mirror trading
- Regulators: Saint Vincent and the Grenadines
$40 | 1:1000 | Market |
Pepperstone (Pepperstone.com) is an award-winning broker regulated in 7 jurisdictions. Trade over 1,200 instruments on MetaTrader 4, 5 or cTrader. Pepperstone allows all trading styles, with no restrictions, and rewards large traders with volume-based discounts.
- Risk warning: Between 74% and 89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, cTrader, Copy trading, Mirror trading
- Regulators: Australia, Bahamas, Cyprus (EU), Germany, Kenya, UAE, UK
$200 | 1:30 | Market |
$200 | 1:30 | Market |
$200 | 1:30 | Market |
$200 | 1:30 | Market |
$200 | 1:30 | Market |
LQDFX (LQDFX.com) is an international Forex broker and CFD provider headquartered in the Marshall Islands. It delivers STP execution on MT4 across 71 currency pairs, indices and commodities.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, Mirror trading
- Regulators: Marshall Islands
$20 | 1:500 | Market |
$500 | 1:300 | Market |
$20 | 1:300 | Market |
$500 | 1:300 | Market |
$25000 | 1:100 | Market |
FXPRIMUS prides itself in creating a safe and secure trading environment. Trade CFDs on Forex, crypto-currencies, indices, metals and energies, on MetaTrader 4 or 5.
- Risk warning: 68.18% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please be advised that certain products may not be available for traders from EEA countries due to legal restrictions.
- Markets: Forex (CFD), Cryptos (CFD)*, Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)* Availability subject to regulation.
- Platforms: MetaTrader 4, MetaTrader 5, Copy trading, Mirror trading
- Regulators: Cyprus (EU), Vanuatu
$15 | 1:30 | Market |
Understanding Forex trading sizes and terminology can be a challenge. That's why we've compiled commonly used phrases below.
Forex lots sizes
The standard Forex trading size is 100,000 units of your funding currency. This means $100,000 if you trade Dollars. However, some brokers allow you to trade smaller sizes from 10,000 to 1,000 and even 1 unit.
- Standard lot: 1 lot = 100,000 currency units.
- Mini lot: 0.1 lots = 10,000 currency units.
- Micro lot: 0.01 lots = 1,000 currency units
- Fractional lots: refer to smaller trades
Featured brokers
Best Execution
MT4 Floating - Instant Execution
Trade 70+ currency pairs, spot indices, energies, metals and shares on floating spreads and instant ... More
- $500 deposit
- 1:200 leverage ?
- 1.71 pips EUR/USD
Best Conditions
AvaTrade Account [BVI]
Trade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and... More
- $100 deposit
- 1:400 leverage ?
- 0.9 pips EUR/USD
Best Platform
Premium Account [MT4, MT5]
Trade Forex as well as CFDs on shares, indices and metals on floating spreads without commission. ... More
- $100 deposit
- 1:500 leverage ?
- 1.2 pips EUR/USD
Pro Account
Professional Account [EU]
Trade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and... More
- $100 deposit
- 1:400 leverage ?
- 0.6 pips EUR/USD