We found 11 online brokers that are appropriate for Trading Micro Account.
Micro accounts are perfect for new traders who want to start forex trading with smaller amounts of money. They provide a low-risk way to get hands-on experience, understand how the market works, and try out different trading strategies. With micro accounts, you can learn and practice without risking large amounts of your capital, making it a great way to build confidence and manage your risk as you grow as a trader.
Forex trading has gained popularity among retail investors, but it involves substantial risk. To mitigate potential losses, beginners often opt for micro accounts. These accounts are designed for those who prefer to trade with smaller amounts of money, reducing both risk and exposure.
If you're interested in starting with a micro account, consider these reputable brokers:
*74% - 84% of retail investor accounts lose real money when trading high risk CFDs. Do not trade if you cannot afford to lose the money you trade.
IC Markets offers Micro trading accounts, providing traders the flexibility to trade smaller lot sizes, ideal for those who prefer lower capital exposure. With a focus on tight spreads and fast execution, micro account holders benefit from the same competitive trading conditions as standard accounts, including access to multiple platforms such as MT4, MT5, and cTrader. This ensures that even with smaller trades, traders experience minimal latency, making it suitable for scalping and day trading strategies.
RoboForex offers Micro trading accounts, known as Cent accounts, which allow traders to trade using cents instead of dollars, reducing the risk while still gaining exposure to the markets. This account type is particularly useful for novice traders or those looking to test strategies with minimal capital. With ultra-competitive spreads starting at zero and high leverage options, micro account holders can maximize returns on small positions while managing risk effectively.
XM offers Micro trading accounts, allowing traders to trade smaller lot sizes (1 micro lot equals 1,000 units of the base currency). This is perfect for beginners or those who want to trade with reduced exposure. XM provides a broad range of assets and tight spreads, making micro trading a viable option for those looking to manage risk more efficiently.
FP Markets offers Micro trading accounts, allowing for small trade sizes with tight spreads. This is ideal for traders who want to enter the market with minimal risk while still benefiting from the advanced features of the MetaTrader 4 and 5 platforms, optimized for high efficiency and competitive pricing.
A forex micro account is one of several types of trading accounts available to investors. In addition to micro accounts, there are mini accounts and standard accounts. Micro accounts are ideal for beginners who want to trade with minimal risk. They typically require a small or zero initial deposit, and the trading volume is measured in micro lots, which are 1,000 units of the base currency.
Micro trading involves using a micro account to trade foreign currencies with a reduced risk exposure. Unlike mini and standard accounts, which involve larger trade volumes, micro accounts use micro lots, each representing 1,000 units of the base currency. This smaller trade size allows traders to engage in forex trading with a minimal investment, making it an ideal choice for beginners or those who want to test their trading strategies without significant financial commitment.
In a micro account, the lower volume of each trade means that both potential profits and losses are smaller compared to mini and standard accounts. This characteristic helps traders manage their risk more effectively, particularly when they are still learning the nuances of the forex market. Traders can practice different strategies, understand market behavior, and refine their trading skills with less financial pressure.
Micro trading also allows for more precise risk management. For example, traders can set smaller stop-loss and take-profit levels, giving them better control over their trades. This flexibility is crucial for developing a sound trading strategy and gaining confidence before moving on to higher account types.
Forex trading involves buying and selling foreign currencies on a global market, known for its high liquidity and 24-hour operation. Here are key aspects of forex trading:
Forex trading involves exchanging currency pairs on regulated trading platforms. Heres a detailed look at how it works:
Micro account forex brokers play a critical role in giving smaller-scale traders access to the forex market. Micro account brokers allow traders to access the global forex market, providing platforms and services designed specifically for trading with smaller account sizes and reduced financial exposure. Here’s how micro account forex brokers operate:
Access to the Market: Micro account brokers offer live financial market trading platforms where traders can buy and sell currency pairs using micro lots, which are equal to 1,000 units of the base currency. These platforms provide real-time price quotes, trading charts, and various tools for technical and fundamental analysis tailored to smaller trades. Traders can open and manage micro positions, track their trades, and effectively manage their accounts through these platforms.
Types of Brokers: Micro account brokers can be categorized as Market Makers or ECNs (Electronic Communication Networks). Market Makers set their own prices and act as counterparties to their clients’ trades, while ECN brokers connect traders directly to the interbank market, ensuring orders are executed at competitive prices. Micro account traders need to select a broker type that suits their trading style and financial goals.
Brokerage Fees: Micro account brokers charge fees, most commonly in the form of spreads (the difference between the bid and ask price) or commissions. Given the smaller trade sizes involved in micro accounts, it’s crucial to understand the fee structure and how these costs accumulate over time. Traders should ensure their chosen micro account broker offers competitive spreads and commission rates, as these directly impact profitability.
Leverage and Margin: Micro account brokers offer leverage (very high risk), where the broker lets the trader have a great exposure and trade than than the traders funded account balance. A common leverage ratio for micro accounts is 100:1, meaning a trader with $100 can control a $10,000 position. While leverage amplifies potential gains, it also increases the risk of significant losses, making careful risk management and the use of stop-loss orders essential for micro account traders.
Regulation and Security: Well-regulated micro account brokers adhere to the standards set by financial authorities, ensuring transparency, protecting client funds, and providing a secure trading environment. Choosing a regulated micro account broker is important for safeguarding your capital and ensuring fair trading practices.
Customer Support: Micro account brokers typically offer customer support to assist new traders in navigating the platform, setting up their accounts, and troubleshooting technical issues. Effective customer support is particularly important for micro account holders, who may require more guidance during their early trading experiences.
Retail investor accounts designed for micro traders allow individuals with limited capital to engage in forex trading with minimal financial risk. Micro accounts are perfect for beginners or those wishing to trade in small volumes, as they use micro lots of 1,000 units of the base currency. This smaller trading size helps minimize potential losses while allowing traders to practice and refine their strategies with real market exposure.
Micro accounts generally require a low minimum deposit, making them accessible to most new traders. They are an excellent choice for those looking to enter the forex market without significant financial commitment. The small trade sizes also make micro accounts ideal for testing new strategies and gaining confidence in a live trading environment before transitioning to larger accounts.
For those with a bit more experience, mini and standard accounts offer the ability to trade larger volumes. However, micro accounts remain a preferred option for risk-averse traders or those who want to maintain tight control over their capital exposure.
Micro accounts are a valuable tool for traders looking to enter the forex market with minimal financial risk and exposure. They offer a practical way to start trading, test strategies, and gain experience without committing significant capital. Heres how you can effectively use a micro account:
One of the primary advantages of a micro account is its low entry barrier. With a small minimum deposit requirement, traders can start trading with a minimal investment. This affordability makes micro accounts ideal for beginners who want to familiarize themselves with forex trading without risking substantial amounts of money. By starting small, traders can gradually learn about market dynamics, trading platforms, and risk management strategies.
Micro accounts facilitate trading in micro lots, where each lot represents 1,000 units of the base currency. This smaller trade size allows for precise control over position sizes and risk management. Traders can place smaller trades and set tighter stop-loss and take-profit levels, which helps in managing risk more effectively. This is particularly beneficial for testing new trading strategies or adjusting existing ones based on real market conditions.
Micro accounts also provide a platform for practicing sound trading habits and risk management. By focusing on small trades, traders can learn to make decisions based on market analysis rather than emotional impulses. This disciplined approach helps in developing a structured trading plan and adhering to it consistently.
Mini accounts enable traders to trade in mini lots, where each lot represents 10,000 units of the base currency. This increased lot size compared to micro accounts allows for more substantial trades and the potential for higher profits. However, it also means that the risks are proportionately greater. Its crucial to have a solid understanding of market conditions and risk management strategies when using a mini account.
Using a mini account allows traders to experiment with a broader range of trading strategies. Since mini accounts support larger trade sizes than micro accounts, traders can test strategies on a more significant scale and analyze their performance with more substantial results. This experimentation helps in refining strategies and gaining insights into how different approaches perform under varying market conditions.
Mini accounts offer a practical way to practice effective risk management. Traders can set appropriate stop-loss and take-profit levels relative to their trade sizes, allowing for better control over potential losses and gains. This practice is essential for developing disciplined trading habits and preparing for more advanced trading environments.
Demo accounts are an essential tool for both new and experienced traders to practice and refine their trading skills in a risk-free environment. These accounts simulate real trading conditions without involving actual money, providing valuable opportunities for learning and experimentation. Heres how to effectively use a demo account:
One of the primary advantages of a demo account is the ability to practice trading without financial risk. Traders can use virtual funds to place trades, test strategies, and explore different trading platforms. This risk-free environment allows individuals to familiarize themselves with market dynamics, trading tools, and platform features without the stress of potential financial loss.
Micro account demo accounts offer a realistic simulation of the volatile global currency markets, including live price feeds and market conditions. This realism helps traders understand how market movements impact trades and how different strategies perform under various scenarios. By practicing in a demo micro trading account, you can learn before transitioning to live trading.
Micro trading offers several benefits, particularly for those new to forex trading or those who prefer to trade with a lower risk profile. Here are the key advantages of micro trading:
Maximizing returns in micro trading involves a strategic approach that leverages the unique features of micro accounts while managing risks effectively. Here are key strategies to enhance your returns in micro trading:
To advance in forex trading, build on the experience gained from micro trading by refining your strategies and increasing your trading capital. As you become more confident, consider moving to mini or standard accounts to trade larger volumes and potentially enhance your returns. Deepen your market knowledge by studying advanced concepts and stay informed about global economic conditions. Enhanced risk management becomes crucial as you scale up, ensuring that you can handle larger positions while mitigating potential losses. Continually reviewing and adapting your approach based on performance will help in achieving greater success and efficiency in your trading endeavors.
Forex trading offers some avenues for new investors to engage in the global financial markets, but it does come with risk. Starting with a micro account provides a valuable entry point, allowing traders to manage risk and gain experience with minimal financial commitment. As you progress, expanding your trading strategies, increasing your capital, and deepening your market knowledge will pave the way for advancing in the forex market.
By practicing disciplined trading, effective risk management, and continuous learning, you can navigate the complexities of forex trading and work towards achieving long-term success. Whether you're a beginner or an experienced trader, the key to success lies in a strategic approach and an adaptable mindset.
We have conducted extensive research and analysis on over multiple data points on Micro Account Brokers to present you with a comprehensive guide that can help you find the most suitable Micro Account Brokers. Below we shortlist what we think are the best micro account brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Micro Account Brokers.
Selecting a reliable and reputable online Micro Account trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Micro Account more confidently.
Selecting the right online Micro Account trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for micro account trading, it's essential to compare the different options available to you. Our micro account brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a micro account broker that best suits your needs and preferences for micro account. Our micro account broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Micro Account Brokers.
Compare micro account brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a micro account broker, it's crucial to compare several factors to choose the right one for your micro account needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are micro account brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more micro account brokers that accept micro account clients.
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Roboforex
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XTB
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XM
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AvaTrade
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FP Markets
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Admiral
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FXPrimus
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ATFX
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webull
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tradezero
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eaglefx
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Regulation | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073) | VFSC (Vanuatu Financial Services Commission) (14595), CySEC (Cyprus Securities and Exchange Commission) (261/14) | FCA (Financial Conduct Authority) (760555), ASIC (Australian Securities and Investments Commission) (418036), FSCA (Financial Sector Conduct Authority) (44816), CySEC (Cyprus Securities and Exchange Commission) (285/15), FSC (Financial Services Commission) (C118023331), SFA (Seychelles Financial Services Authority) (SD093), SCA (Securities and Commodities Authority) (20200000078), JSC (Jordan Securities Commission) (643), SFC (Securities and Futures Commission) (BUM667) | SEC (Securities and Exchange Commission), FINRA (Financial Industry Regulatory Authority), SIPC (Securities Investor Protection Corporation), NYSE (New York Stock Exchange), NFA (National Futures Association), CFTC (Commodity Futures Trading Commission), CBOE EDGX (Cboe EDGX Exchange, Inc.) | SCB (Securities Commission of the Bahamas) (SIA-F151) | Unregulated |
Min Deposit | 10 | No minimum deposit | 5 | 100 | 100 | 1 | 15 | 100 | No minimum deposit | 500 | 50 |
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Used By | 730,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 200,000+ | 30,000+ | 300,000+ | 100,000+ | 20,000,000+ | 250,000+ | 10,000+ |
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Platforms | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader | WebTrader, MT4, MT5, cTrader, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, Apple App iOS, Android Google Play, WebTrader | Webull Desktop, WebTrade, Webull Mobile, Mobile Apps, Android (Google Play), iOS (App Store) | ZeroPro, Desktop, Web, ZeroWeb, ZeroFree, ZeroMobile, Android (Google Play), iOS (App Store) | MT4, PC, Web Trading, MT4, Mobile Apps, iOS (App Store), Android (Google Play) |
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Learn More |
Sign
Up with roboforex |
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Up with xtb |
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Up with xm |
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Up with avatrade |
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Up with fpmarkets |
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Up with admiralmarkets |
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Up with fxprimus |
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Up with atfxglobalmarkets |
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Up with webull |
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Up with tradezero |
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Up with eaglefx |
Risk Warning | Losses can exceed deposits | 69% - 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. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% 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. | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | Your capital is at risk | Your capital is at risk | Your capital is at risk |
Demo |
Roboforex Demo |
XTB Demo |
XM Demo |
AvaTrade Demo |
FP Markets Demo |
Admiral Markets Demo |
FXPrimus Demo |
ATFX Global Markets Demo |
Webull Demo |
TradeZero Demo |
EagleFX Demo |
Excluded Countries | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, CA, JP, SG, MY, JM, IR, TR | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | DPRK, Canada, Iran, Japan, Brazil, Mexico, Turkey, Cuba, Sudan, Syria, USA, Bosnia and Herzegovina, Ethiopia, Iraq, Sri Lanka, Trinidad and Tobago, Tunisia, Vanuatu, Yemen. | UK, AU, SA, AL, DZ, AS, AD, AO, AI, AQ, AG, AR, AM, AW, AT, AZ, BS, BH, BD, BB, BY, BE, BZ, BJ, BM, BT, BO, BQ, BA, BW, BV, BR, IO, BN, BG, BF, BI, CV, KH, CM, CA, KY, CF, TD, CL, CX, CC, CO, KM, CD, CG, CK, CR, HR, CU, CW, CY, CZ, CI, DK, DJ, DM, DO, EC, EG, SV, GQ, ER, EE, SZ, ET, FK, FO, FJ, FI, FR, GF, PF, TF, GA, GM, GE, DE, GH, GI, GR, GL, GD, GP, GU, GT, GG, GN, GW, GY, HT, HM, VA, HN, HK, HU, IS, IN, ID, IR, IQ, IE, IM, IL, IT, JM, JP, JE, JO, KZ, KE, KI, KP, KR, KW, KG, LA, LV, LB, LS, LR, LY, LI, LT, LU, MO, MG, MW, MY, MV, ML, MT, MH, MQ, MR, MU, YT, MX, FM, MD, MC, MN, ME, MS, MA, MZ, MM, NA, NR, NP, NL, NC, NZ, NI, NE, NG, NU, NF, MP, NO, OM, PK, PW, PS, PA, PG, PY, PE, PH, PN, PL, PT, PR, QA, MK, RO, RU, RW, RE, BL, SH, KN, LC, MF, PM, VC, WS, SM, ST, SN, RS, SC, SL, SG, SX, SK, SI, SB, SO, ZA, GS, SS, ES, LK, SD, SR, SJ, SE, CH, SY, TW, TJ, TZ, TH, TL, TG, TK, TO, TT, TN, TR, TM, TC, TV, UG, UA, AE, GB, UM, UY, UZ, VU, VE, VN, VG, VI, WF, EH, YE, ZM, ZW, AX | US, IN, PK, BD, NG , ID, BE | US, IN, PK, BD, NG , ID, BE |
You can compare Micro Account Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Micro Account Brokers for 2025 article further below. You can see it now by clicking here
We have listed top Micro account brokers below.