Micro Account Forex

Start your forex trade as low as 1 USD. In a micro account the count is based on cent not dollar. So if you have only 1 USD balance, in your Metatrader 4 it will appear as 100 cents. With only 1 USD/100 cents you can start your trade on 0,1 lot, and get 1 cent per 1 profit pip. If you able to make your equity to become 5 USD/500 cents you can trade on 1 lot and gain 10 cents per pips you grab from your trading. So if you willing to make your 1 pip value to become 100 cents/1 USD you can start trade on 10 lot. It is a great value if we consider small amount of money we need to start trading.

Micro Account can be useful for you who want to start your trade but only have limited fund,and also for a trader who wants to try new system or EA in real account and real market without risk to lose great amount of money.

This link refer to broker which has mini account service:
www.FxInd.com
www.MasterForex.org
www.Marketiva.com

For your info, FxInd gives you 1 USD bonus after your first 1 USD initial deposit, so you will have 200 cents equity to start your trade. Meanwhile, Masterforex will give you 1 USD bonus directly as you sign up in no need to make any initial deposit before. Marketiva also offer you 5 USD as a sign up bonus directly without making any initial deposit.

Personally I only use micro account to test EA or new system, for my regular trade I use standard account from North Finance company.

Use this information wisely, better to recheck the broker before deciding to sign up a new account.