Top Micro Trading Accounts for 2024

We found 11 online brokers that are appropriate for Trading Micro Trading Accounts.

Best Micro Trading Accounts Guide

Analysis by Andrew Blumer, Updated Last updated - April 18, 2024

Micro Trading Accounts

For many people, Forex trading is tricky and not as simple as they think. The success key of this niche is to strategize to make profits.

But with the tight competition nowadays, more and more Forex brokers are offering the wider array of account types selection for the interested traders.

Basically, there are two types of account in the conventional environment of Forex: the standard retail and professional accounts. But these days, as the trader, you can also choose between micro, mini, as well as nano Forex Accounts.

For now, we are going to focus on the micro account for this discussion.

Many traders have switched to the micro account because it is a great option for budget conscious people. If you have a tight budget with little experience in Forex trading, the micro account will be a great start for you.

This type of account is also a prevalent choice for the investors who want to calm the wave down for a while and try out new strategies before using something larger in capitals. Many professional traders create the micro Forex account for their secondary account or trial account.

What Are Micro Trading Accounts?

The same as in Forex, it is also called a Micro Forex account.

The principles and concepts of the micro accounts were introduced back in 2006 as LiteForex became the first brokerage who adopted it and not everyone was convinced with the benefits offered by the micro accounts at that time.

In short, micro accounts can be defined as the type of foreign exchange market which requires lower capital to create

It is designed for the traders who do not have enough capital to start the creation of a standard Forex account.

The other name of micro account is cent account. It is also designed for those who have large capital but cannot afford to risk too much of their money.

If you are interested in low risk investment, the micro Forex account is definitely the way to do it.

Micro trading accounts basically work the same as the standard trading account, the difference being is that the micro accounts operate on a smaller scale.

The minimum lot size of the micro account is 1,000 units of the base currency and the traders are able to make the purchases in the multiples of 1,000 units.

To compare exactly, the standard Forex account amounts to 100 micro lots. That means it requires 100,000 base currency units and it is simple to see the huge differences in the units.

1,000 base units are not the most standard around the world. It is also possible to find specific brokers who allow the trader to trade in just 100 base currency units.

While some platforms still call it a micro Forex account, the word has been widely replaced with nano account.

The volume will be different depending on the equity in the balance of the account.

If we are talking about dollars currencies, the measurement is in cents rather than in dollars.

Depending on where you get your broker, you can get started with as low as $10. all you need to do is to deposit in your micro account and trade.

Who are Micro Trading Accounts for?

If you have a tight budget with little to no experience in Forex trading, the micro account would be a great start for you

The type of account can be a great option for the investors who want to test the water with new strategies.

Therefore, you will not need to lose much money for the trials and errors.

If you are like most traders, you might want to join the Forex markets with the hope to generate more income on your side. It might also be one of the components in your diversified investment portfolio.

But to make it as a big facet of your money, it would be impossible. The mini Forex accounts come with lower returns because of the lower minimum lot size. It is 1 to 10 of the lot for standard accounts.

So, you should not expect too much from the micro account. But if you are a beginner, it is possible to learn many things from it.

Micro Accounts Risk

While the standard accounts are too risky for the beginners, the micro accounts can give such comprehensive opportunities for the traders to learn about the factors which move the market, ups and downs, and other information.

Some brokers offer automated trading approaches to use the micro accounts in some conditions. If you want to strategize using the micro Forex accounts, you could also use it for gaining better profits with lower levels of risks.

We have conducted extensive research and analysis on over multiple data points on Micro Trading Accounts to present you with a comprehensive guide that can help you find the most suitable Micro Trading Accounts. Below we shortlist what we think are the best micro trading accounts after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Micro Trading Accounts.

Reputable Micro Trading Accounts Checklist

Selecting a reliable and reputable online Micro Trading Accounts 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 Trading Accounts more confidently.

Selecting the right online Micro Trading Accounts 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.

Compare Key Features of Micro Trading Accounts in Our Brokerage Comparison Table

When choosing a broker for micro trading accounts trading, it's essential to compare the different options available to you. Our micro trading accounts 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 trading accounts broker that best suits your needs and preferences for micro trading accounts. Our micro trading accounts broker comparison table simplifies the process, allowing you to make a more informed decision.

Top 15 Micro Trading Accounts of 2024 compared

Here are the top Micro Trading Accounts.

Compare micro trading accounts brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a micro trading accounts broker, it's crucial to compare several factors to choose the right one for your micro trading accounts needs. Our comparison tool allows you to compare the essential features side by side.

All brokers below are micro trading accounts. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more micro trading accounts that accept micro trading accounts clients.

Broker Roboforex XTB XM AvaTrade FP Markets NordFX Admiral FXPrimus ETX Capital Core Spreads ATFX
Rating
Regulation RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. 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), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) Financial Conduct Authority (FCA) Financial Conduct Authority (FCA) Cyprus Securities and Exchange Commission (CySEC)
Min Deposit 10 No minimum deposit 5 100 100 1 200 100 100 1 100
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 1,000,000+ 1,000,000+ 10,000,000+ 300,000+ 10,000+ 10,000+ 10,000+ 10,000+ 10,000+ 10,000+ 10,000+
Benefits
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Allows scalping
  • Low min deposit
  • Guaranteed stop loss
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
Accounts
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Demo account
  • Micro account
  • Standard account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
Platforms MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, Mac, Mirror Trader, Binary, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps MT4, Mac, Web Trader, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
roboforex
Sign Up with
xtb
Sign Up with
xm
Sign Up with
avatrade
Sign Up with
fpmarkets
Sign Up with
nordfx
Sign Up with
admiralmarkets
Sign Up with
fxprimus
Sign Up with
etxcapital
Sign Up with
corespreads
Sign Up with
atfxglobalmarkets
Risk Warning Losses can exceed deposits 76-85% 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. 72.89% 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. 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 Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits Your capital is at risk
Demo Roboforex
Demo
XTB
Demo
XM
Demo
AvaTrade
Demo
FP Markets
Demo
NordFX
Demo
Admiral Markets
Demo
FXPrimus
Demo
ETX Capital
Demo
Core Spreads
Demo
ATFX Global Markets
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, EU, RU, SY, KP, CU US, CA, JP, SG, MY, JM, IR, TR AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. US, BE, CA , SG, BE US, PL, BE DPRK, Canada, Iran, Japan, Brazil, Mexico, Turkey, Cuba, Sudan, Syria, USA, Bosnia and Herzegovina, Ethiopia, Iraq, Sri Lanka, Trinidad and Tobago, Tunisia, Vanuatu, Yemen.


All Micro trading accounts in more detail

You can compare Micro Trading Accounts 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 Trading Accounts for 2024 article further below. You can see it now by clicking here

We have listed top Micro trading accounts below.

Micro Trading Accounts List

Roboforex
(4/5)
Min deposit : 10
Roboforex was established in 2009 and is used by over 1000000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 1000000+ traders. 76-85% 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. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by 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)
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 10000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% 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. XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Regulated by Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
AvaTrade
(4/5)
Min deposit : 100
AvaTrade was established in 2006 and is used by over 300000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 10000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB)
NordFX
(4/5)
Min deposit : 1
NordFX was established in 2008 and is used by over 10000+ traders. Losses can exceed deposits NordFX offers Forex.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008
Admiral
(3/5)
Min deposit : 200
Admiral Markets was established in 2001 and is used by over 10000+ traders. Losses can exceed deposits Admiral Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
FXPrimus
(3/5)
Min deposit : 100
FXPrimus was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits FXPrimus offers Forex, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID)
ETX Capital
(3/5)
Min deposit : 100
ETX Capital was established in 2002 and is used by over 10000+ traders. Losses can exceed deposits ETX Capital offers Forex, CFDs, Spread Betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, Binary, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
Core Spreads
(3/5)
Min deposit : 1
Core Spreads was established in 2014 and is used by over 10000+ traders. Losses can exceed deposits Core Spreads offers Forex, CFDs, Spread Betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
ATFX
(3/5)
Min deposit : 100
ATFX Global Markets was established in 2014 and is used by over 10000+ traders. Your capital is at risk ATFX Global Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)

Learn more Learn more about Roboforex.
Losses can exceed deposits
TRADE NOW Try Roboforex today
Losses can exceed deposits